October The Long Term Care Review by Duane Lipham, CLTC Archives

Home Care Costs Rise 5% In The Last Year

The MetLife Mature Market Institute released the results of their 2008 survey on adult day services and home care costs.
They found that the average hourly rate of a Home Health Aide is now $20, up 5% from a year earlier. Companion/homemaker services saw no change and remain $18 per hour. Adult Day Services – […]

The Advantages of Long-Term Care Insurance For Couples

Long-term care insurance is a good financial protection vehicle for anyone who has enough assets to protect and can comfortably afford the premiums. It can help make sure that all of the time and effort spent on acquiring a sufficient retirement income is not lost due to the rising costs of long-term care.
There are several […]

Changes May Be Coming To Federal LTCI Program

For several years the federal long-term care insurance program has been jointly administered by both John Hancock and MetLife. This is a testament to the stability and excellent service record that these carriers enjoy.
However, the current contract comes up for renewal in April 2009 and federal employees are being told in advance that changes could […]