Results for Long-Term Care

Tips for policyholders in the wake of Genworth Financial's announcement of continuing struggles with its LTC business.

The rules for contributing to a health savings account are stricter than they are for taking money out.

To help cover potential continuing care expenses, many experts advise boomers to purchase long-term care insurance. Here's what they need to know.

Who needs long-term care insurance … and who might be able to do without it?

Deciding between traditional and combination products can be difficult, but better understanding plan features can help.

Some investors choose long-term care insurance as part of retirement and estate planning. You may need guidance deciding how much insurance you will need.

Long-term care insurance is far more expensive for women than men, so here are ways women can keep costs down.

The brief’s key findings are
Long-term care is expensive, but only 13 percent of single individuals over 65 have long-term care insurance
Previous models of care usage appear to understate the risk of going into care and overstate the duration of care for those who require it.
If long-term care is a more likely, but less expensive, event, fewer people may benefit from insurance than previously…

Here’s a list of 10 questions to ask that may help you better understand the costs and benefits of long-term-care insurance.

If your parents live in Kentucky and you live here in Pennsylvania and your brothers and sisters live in California and New York, chances are you may have had “the conversation” discussing with your parents where they might live if one of them needs long term care. It is not just a question whether they …

A Boston College study found that more than a third of people age 65 with long-term care insurance let their policies lapse.

It turns out that policies are all over the map on paying for care outside the U.S.

Someone turning 65 years old today has almost a 70% chance of needing some type of long-term care services in their remaining years, according to the U.S. Department of Health and Human Services.

Q. My wife and I are considering whether to purchase a long term care insurance plan and, if so, what type. Our advisor has suggested considering asset-based long-term care. With this type of plan, we

Good planning for long-term care crosses the legal, financial, medical and practical aspects of aging, and it necessitates talking with your family.

Long-term care is a top worry among high net worth and affluent investors of all ages, which opens new opportunities for conversations financial advisors can have with clients, according to the latest Investor Watch Report from UBS Wealth Management Americas.

The brief’s key findings are
More than one quarter of those who buy long-term care insurance at age 65 will let their policies lapse at some point, forfeiting all benefits
Lapses could be due to the burden of insurance premiums, a strategic calculation that care use is less likely, or poor decisions due to declining cognitive ability.
The analysis finds support for both the “financial burden”…

So you've made the decision to learn more about long-term care insurance. That's smart, as neither health insurance nor Medicare would pay for extended long-term care services in the event t