I am often asked about the procedure for getting a claim in process when long-term care becomes necessary. It’s natural to be concerned about this since no one wants to have to go through a hassle to get quality care and make sure that the insurance company is fully on board with the choices they […]
One of the main reasons long-term care issues are becoming more critical in the US is the increasing life expectancy rates for the population in general. In short, we are simply living longer because we are surviving many of the diseases that were killing us at earlier ages, and the diseases that increase the likelihood […]
In an earlier blog post I discussed the possibility of LTCI premium increases due to selecting an inflation protection option that is not automatic at the inception of the policy. In this article I will explain how policyholders could face future rate increases due to factors that are beyond their control.
When a policy design includes […]
It’s no secret that in many cases a person’s health will be better overall when they are married and have someone else around for company. Many studies over the years have found this to be true.
In fact, some long-term care insurers place such a high value on married couples that is even reflected in their […]