On June 23, 2008, Custom Care II will become Custom Care II Enhanced in approved states. There are three main areas of benefit enhancement and they are:
Caregiver Support Services
• Provides policyholders and their families with access to provider discounts, care provider quality
reports and expert advice when they are called on to be caregivers or care […]
In previous blog articles I have discussed the long-term care insurance partnership program that almost two thirds of the states have either already put in place or are in the process of approving for their residents.
This program is designed to encourage the purchase of LTCI by consumers so that the state can reduce its liability […]
Costs for nursing homes and assisted living centers rose again from 2007 to 2008, making this the fifth consecutive year of price increases, according to results from Genworth’s latest Cost of Care Survey.
Costs for nursing homes have jumped 17 percent since 2004 and now average $76,460 annually or $209 per day for a private […]
Affordability is a very important ingredient in any successful long-term care plan. As is the case with many kinds of insurance, there is a need to determine an appropriate coverage level that not only provides sufficient financial protection but also allows the policyholder to continue to keep the coverage in place and afford paying the […]