Tag: long term care services

Is Long-Term Care Insurance Worth It? Buying Long-Term Care Insurance After 65

Loreen
long term car insurance and is it worth it

Long-term care insurance is a topic that sparks various questions and concerns. Many individuals wonder if it is worth the investment or if it is simply a waste of money. In this article, we will explore the definition of long-term care insurance, what it covers, and whether it is a worthwhile purchase. What is Long-Term Care Insurance? Long-term care insurance is a type of coverage that helps individuals pay for the cost of long-term care services when they can no longer perform certain daily activities independently. This can include assistance…

Read More

The costliest states for long term care services

Marc
Long Term Care insurance Costs

Genworth Financial has released a study regarding the most expensive places for assistance. A study by Genworth Financial Inc. has identified the states in which long term care insurance is most important due to the highest costs of services for the sick and the elderly. It found that Massachusetts has the highest price tags in the country for these services. Residents of the Bay State face the greatest expense for services designed for caring for the elderly and the unwell. At the same time, according to the study, the people…

Read More

Unique options for the U.S. long term care situation

H. Cutner

With medical care costs still skyrocketing, many older adults are concerned about whether they need to have long-term care insurance (LTCI). This insurance was created to cover “long-term” type care that would not be covered by Medicare or other regular health insurance policies. There are affordable LTCI plans, and there are other options you should know about as well.  In the state of the economy, people are wondering if they really need to continue to pay for insurance that may, or may not be needed as they get older. Long-term…

Read More