And Caregiving Can Take a Financial Toll. Deb's note: I asked Jane Gore to write this article because the statistics for caregivers are staggering: the average income lost by caregivers each year is a whopping 33%. It is never to late to plan for your retirement and as your circumstances change, revisit any plan that is currently in place. Jane Gore MBA, RICP of Nolan … [Read more...]
When Is The Right Time To Buy Long Term Care Insurance?
What are the factors that impact your insurability and price? In our previous articles, we reviewed the basics of what long term care and long-term care insurance is and briefly explored the intersections of government/laws and long-term care insurance. Let’s now review when it might make sense to consider purchasing a long term care policy and how these plans are … [Read more...]
Why It May Be Harder For You To Get Long Term Care Insurance
Changes To LTC Insurance Over The Last 10 Years In prior articles, we briefly examined the basics of long term care insurance, some statistics, the interface of government and long-term care and various components which affect the cost of plans. Long term care insurance has changed significantly over the past 30 years and particularly over the last 10 years. Some of these … [Read more...]
The Impact of Current Medicare and Medicaid Law On Long Term Care
How the government is involved at state and national levels. As we discussed in our prior article, long term care is a reality best faced sooner, rather than later. There are already many laws and much government involvement in long term care, both on local, state and national levels. Let’s take a look at some of these areas where long term care and laws intersect. First, … [Read more...]
Long Term Care Insurance; The Good, The Bad and The Ugly
The intersection between LTC Services and LTC Insurance. Discussions about long term care insurance are occurring in places as diverse as the golf course, in the Wall Street Journal, your doctor’s office or book club, a dinner out with friends, or an elder law office. This article, first in a series on long term care, gives a general overview of long term care services, … [Read more...]