There are many reasons why long-term care may become necessary, but one of the most difficult both financially and emotionally is due to Alzheimer’s. Since the body can remain relatively healthy for a period of time while the cognitive abilities deteriorate, no one knows how long this kind of care may last.
During the care process […]
Several states have joined with the federal government in an initiative to get the word out about the need for long-term care planning. Both state and federal government agencies understand that without some advance planning and taking responsibility for their own care now, the prospect of providing quality long-term care for baby boomers is going […]
The American Association for Long-Term Care Insurance often publishes a yearly Price Index to help track the increasing costs of long-term care from year to year. The 2008 edition of the Price Index has been released and these are the findings:
A 55-year-old individual considering long-term care insurance protection can expect to pay $709-per-year for a […]
Genworth reports that the number of LTC workers in the U.S. is dwindling while demand is growing and the “Care Gap” threatens to increase the already high cost of home care.
The country is challenged with recruiting 200,000 new home health care workers each year and retaining them to meet the needs of the nation’s […]
Kiplingers Personal Finance magazine often publishes articles on long-term care issues to help keep their readers up on the latest trends in the industry and how they would be affected financially.
A recent article focuses on some of the lower cost policies that are now being offered by some of the largest and most established carriers […]