Home care inflation rate only 2.5% Genworth, the largest long-term care insurance company, just released their 2017 cost of care survey. “Knowing the costs of different types of care – whether the care is provided at home or in a facility – can help...
I understand that journalists don’t have time to check all their facts, but this recent article in Forbes is riddled with falsehoods and half-truths. It doesn’t even read like something a journalist would write. It sounds like he’s just a salesman...
How much does long-term care insurance cost? Long-term care insurance is very flexible. Every long-term care policy gives you many choices for your benefits. You choose your: Daily Benefit, Inflation Benefit, Policy Limit, and Elimination Period. The richer the...
When someone contacts me to inquire about purchasing long-term care insurance, one of the questions I’ll ask is: “What prompted you to look into long-term care insurance?” Over the past few years many of my clients have been answering that question...
Long-Term Care Insurance Dictionary $ Elimination Period The Elimination Period is similar to a deductible. The Elimination Period is the number of days you receive qualified care before your long-term care policy will begin to pay benefits. The shorter your...