The cost for long-term care services has always been climbing steadily higher, but 2007 saw a particularly significant rise in the cost for home health care according to a study released by New York Life. Of course, facility costs also increased but not nearly as much as care received at home which is the overwhelming […]
When I talk to consumers who are investigating long-term care insurance for the first time I often hear them say that they recognize the benefits such insurance can provide but they have decided to wait till later to actually make the purchase. Is this a wise choice?
Actually there are several reasons why such an approach […]
Most people aren’t aware that long term care insurance policies offered by employers and associations are often priced 20% to 30% higher than buying a policy directly.
What’s even more surprising is that these group long term care insurance policies usually offer LESS benefits (especially home healthcare benefits and inflation protection features).
They also may […]