Tag: long term care insurance rates

Long term care insurance hikes on the way for thousands

Long Term Care Insurance

Many consumers may soon discover that they will be paying more for their coverage. Thousands of consumers are beginning to discover that there are considerable increases to long term care insurance rates that are being implemented at the moment and that are scheduled for the near future. Many are afraid that this may make the coverage cost prohibitive and are afraid they may have to cancel. The long term care insurance industry has already been facing challenges in terms of its costs and in keeping its policyholders. Now, even many…

Read More

Long term care insurance costs are higher for women

H. Cutner
Long Term Care Insurance

Female policyholders typically generate higher expenses, meaning premiums could rise. A long term care insurance policy has never been an inexpensive product, but as data continues to show that women bring in much greater expenses on their plans, it could mean that premiums are about to change. This could mean that the coverage may become much more costly for female consumers. Until now, long term care insurance companies have been charging the same premiums to their clients, regardless of their gender. These plans help policyholders to pay for the cost…

Read More

Long term care insurance rates are on the rise

Julie Campbell
Health insurance plan

Prices are increasing for new policies in both individual and group plans. Experts in the coverage industry are now saying that the price of a long term care insurance policy is currently on the way up. The risk is that it may cause them to become cost prohibitive for the middle class The price increases for new policies of long term care insurance aren’t climbing only in individual coverage, but many group policies are also on the rise. In fact, when compared to five years ago, there has been an…

Read More

The price of long-term care insurance coverage is on the rise

H. Cutner

As the Baby Boomer generation comes to the cusp of the discovery that long-term care insurance may be a wise step to cover potential upcoming needs, the insurance industry has found that this sector of its marketplace is withering, the price of its policies is skyrocketing, and the available coverage is being changed by the insurers. Long-term care insurance is the coverage that has been designed to provide payments for the medical services that are not usually covered by standard health insurance, for example: in-home care, nursing homes, and assisted…

Read More

Employees may qualify for long-term care more easily through employers

Julie Campbell

LTC Financial Partners LLC. – one of the leading long-term care insurance companies in the United States – has released a statement to Americans in the hopes of assisting them to more easily obtain long-term care insurance and at a better rate simply by asking their employers about it. According to the senior vice president of business development for the insurer, Dan Cahn, by asking their employers about this coverage “could save you time, paperwork, and money — even if your workplace has no group LTC benefit in force.” The…

Read More