I am getting more and more questions about so-called “hybrid” investment products like annuities or life insurance that also include a long-term care rider to provide some benefits for long-term care down the road if needed.
I am not a fan of these products in most cases. Among other reasons, it is because it requires an […]
The long-term care partnership program is an initiative that was outlined in the Deficit Reduction Act of 2005. Each state can decide whether or not to choose to enact the program for their residents. It is not mandatory.
The purpose of the long-term care partnership program is to encourage consumers to buy long-term care insurance to […]
With all of the talk about health-care reform, not much attention has been focused on the escalating costs of Medicaid. But Medicaid will certainly require some examination soon because it is the largest payor of long-term care in the US at this point.
Since there will soon be a substantial increase in long-term care patients due […]