Category: Long Term Care

Is longer term care insurance a dying breed or is it just getting a second look by consumers. Learn more about this product with news and informational articles posted by experts.

WA Cares Survives: A Victory for Public Long-Term Care Insurance in the US

Ben Jones
Long-Term Care Insurance in the US

Washington State Upholds Innovative Long-Term Care Insurance Program In a decisive move, voters in Washington State have chosen to uphold the state’s pioneering long-term care insurance program, WA Cares. This decision comes after the rejection of Measure 2124, a ballot initiative aimed at dismantling the program. WA Cares stands as the first of its kind in the United States, offering residents up to $36,500 in long-term care benefits, with adjustments for inflation. The program is funded through a payroll tax surcharge of 0.58 percent, impacting all workers in the state.…

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Exploring Assisted Living Amenities: What to Expect

Guest Author
research in finding assisted living amenties and facilities

Introduction: The Importance of Amenities in Assisted Living Choosing an assisted living facility is about more than just finding a place for a loved one to live; it’s about selecting a community that provides comfort, care, and quality of life. A key factor in this decision is the range of amenities offered by the facility. These amenities play a crucial role in ensuring that residents feel at home, remain active, and enjoy a fulfilling lifestyle. In this article, we’ll explore the diverse amenities typically offered in assisted living communities and…

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Long-term care insurance is helping people remain in their homes longer

Nordstrom
Long-term care insurance Coverage - Caretaker visiting Person at Home

This coverage is being included in retirement plans for people who want to avoid care facilities. It isn’t uncommon for people to want to remain in their homes for as long as possible as they age, and long-term care insurance as a part of a retirement strategy is starting to grow in popularity once more. The growth is slow, as the coverage is not cheap, but as people plan for the future, they see its value. Assisted living communities and nursing homes are also not cheap, so as many people…

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Why are many people looking to long term care insurance again in 2024

Nordstrom
Long term care insurance 2024

Consumers have been drifting away from this costly coverage in recent years but are looking into it again. Long term care insurance is a type of coverage that many people have been abandoning in recent years due to the skyrocketing cost associated with keeping it up. That said, this year, consumers are starting to inquire about it once more, which many people hadn’t expected in the current economy. There are many reasons that consumers are wondering if this type of policy has value after all. Within the current economy, many…

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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…

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