long term care insurance study Archives

Long term care insurance study shows women will soon pay much more

October 30, 2013March 15, 2014 Julie Campbell

Long Term Care Insurance for women and men

At the same time, it has revealed that it is still possible to take advantage of savings for a short time. The American Association for Long Term Care Insurance has now released the results of a study that has investigated the cost of purchasing this coverage for single women, and the direction that it is taking. It found that women in half of the states still have a chance to save between 40 and 60 percent. The key to being able to benefit from these long term care insurance savings…

Long term care insurance study shows heightened need for coverage planning

September 3, 2013August 31, 2013 H. Cutner

A report from the AALTCI has shown that education is required when planning for options later in life. The American Association for Long Term Care Insurance (AALTCI) has just released the results of a national study that has identified and underlined the tremendous toll that is being taken by the overwhelming majority of adults who are providing the care services for an aging spouse or parent. Every year, these individuals are providing billions of dollars worth of services, completely unpaid. The director of the national trade group for the long…

Long term care insurance study reveals buyer behaviors

August 15, 2013August 12, 2013 G. Turner

Recent research has identified some of the reasons that people are purchasing the coverage. According to the results of a recent study, the people who are the most likely to buy long term care insurance are also those who are either getting ready for their retirement, or who have known someone who has experienced a situation in which they required LTC. The research suggested that life events tend to be a major trigger for making this kind of planning purchase. The study was conducted by the MSR Group and was…

Long term care insurance not a high priority for many in the US

May 2, 2013May 1, 2013 Julie Campbell

New research has shown that the coverage and other preparations for LTC is not a top concern. According to the results of a new poll, which looked into the way that people aged 40 and higher are making preparations for their future aging needs, the trend is that few are making a high priority of taking out long term care insurance and making other preparations to pay for the costly assistance that they may one day need. Two thirds of the participants in the study said that they had planned…

Long term care insurance study identifies women’s coverage concerns

November 17, 2012November 15, 2012 H. Cutner

Research conducted by a Milwaukee insurer has identified a number of enlightening facts. The results of a long term care insurance study performed by Northwestern Mutual Life have shown that while women seem to have a greater understanding than their male counterparts regarding the options and resources that are available to a person who requires assisted living services, they are also notably less likely to purchase the necessary coverage to shelter them from those risks. The insurer released its findings in time for the awareness month for this form of…

Long term care purchased at the right time can bring discounts

July 20, 2012April 30, 2013

A recent study shows that policies bought before retiring are more affordable. New long term care insurance research is showing that almost 40 percent of the survey’s respondents made payments of less than $1,499 per year, helping to dispel the myth that this coverage must be expensive. There are many ways to save on this type of policy in order to make it more affordable. According to the American Association for Long Term Care Insurance executive director, Jesse Slome, “One of the biggest misconceptions is that long term care insurance…

Decrease your risk of needing to use long term care insurance

July 14, 2012 H. Cutner

Though coverage remains important, it is still better not to have to make a claim. Long term care is a vital coverage for many people to have in case they should ever be injured or become ill, requiring medical services and assistance that would otherwise be financially burdensome or crippling, but it doesn’t mean that you’ll want to make a claim just because you’re covered. As much as it is a good protection to have, it is still best to take care not to have to use it. For one…