There was an interesting Q&A in the New York Times yesterday. Readers' questions about Long Term Care Insurance (LTCI) were submitted and answered by Vincent J. Russo, an attorney specializing in financial issues and the elderly, including Medicare and Medicaid reimbursement. A follow up Q&A will be published ...
I ran across an interesting website, Tender Tidings Seniors, that offers a way of integrating technology with the difficulties so many baby boomers face as their parents age, the feelings of concern when leaving their elderly parents alone in the home. Tender Tidings Seniors is a service that offers ...
I have compiled a list of what I think are the 5 top long term care insurance sites. These sites offer unbiased information and insights into the issues surrounding long term health care and long term care insurance. They are worth taking time to read and bookmark as references as ...
On Wednesday June 4 and June 5 there were articles in the Seattle Times worth reading. The first article covers the unfortunate story of a 99 year old woman facing eviction from an assisted living facility. She has spent over $300,000 (out of her own savings) to pay for her care ...
At age 51 the time between birthdays seems to be getting shorter by the year. I am in great health, don't take any medications, exercise 4-5 days per week, eat reasonably well (unless you ask my wife), and maintain a weight that is considered healthy. So based on this, I should live a long life ...
If you are like most people considering long term care insurance (LTCI) you've probably asked yourself "what if I never need it?" You could purchase a "return of premium" rider but probably won't because of the cost. If you are married, "shared policies" or a "shared rider" is a must. Essentially ...
So you finally decide to purchase a long term care (LTC) policy, you file it away and hope you never need to use it. However, if you do find yourself in the situation where you need care, you should know how you can qualify to begin receiving your benefit payment. As we discussed ...
This is the last in a three part series covering the benefit selections required when purchasing a long term care (LTC) insurance policy from any carriers. The first installment focused on the selection of your maximum monthly benefit, the second covered the selection of the length of your benefit period, ...
This is the second in a three part series covering the benefit selections that all long term care (LTC) insurance carriers require. The first installment focused on the selection of your maximum monthly benefit. This post, Part 2, will cover selecting your benefit period. Part 3 will address the selection of your elimination (deductible) period. Your benefit period ...
This will be the first in a three part series covering the benefit selections that all long term care (LTC) insurance carriers require. This post will cover selecting your maximum monthly benefit. Part 2 will address the selection of your benefit period with the final installment will focus on the selection of your elimination (deductible) period. The ...