Long Term Care Basics: How to Pay for Services?

A lot of us carefully plan for our retirement – invest in mutual funds, contribute to 401k and pay mortgages – but even the most well thought of plan can be threatened if it does not include preparations for long term care. Long term care involves a wide variety of services for people who need… read more

Long term care insurance might be one of the most important insurance products in the market today but it is also one of the most complicated. Most of its added features and riders can add extra value for your money, but it can also make the entire process of shopping for a policy more confusing…. read more

The biggest long term care insurance providers in the country announced that beginning the second quarter of 2013, they will impose LTC insurance rate increase for policies sold to women. The hike, according to them, is necessary in order to properly reflect the risks involved in covering women’s LTC needs. At present, women comprise 70%… read more

The ability to provide fair and reliable long term care insurance quotes online makes an insurance company more trustworthy.  Most Americans are seeking honest information on LTC before deciding on purchasing a policy.  Extensive information has a big influence on an individual’s choice for it supplies them the details of LTC health insurance and the basics… read more

Long term care insurance was introduced more than five decades ago. Back then, people who want to buy a policy have to rely on door-to-door salesmen for information about LTC insurance costs. Today, however, with the emergence of websites that help people plan for long term care, we can now get free long term care… read more

Less than two decades from now, the number of Americans aged 65 and older will double from 8 million to 16 million. The U.S. Department of Health and Human Services reported that at least 7 in 10 of them will develop a condition that would make long term care necessary. With this many people who… read more

In the study “Examining Differences in Death Rates for Medicaid and Non-Medicaid Nursing Home Residents,” Dr. Jennifer Troyer of University of North Carolina disclosed that the mortality rate of Medicaid patients is 14.8% higher than the mortality rate of private-paying residents. Although the high death rate can be caused by other factors, it could still… read more

Most Americans today are not prepared to pay for long term care thinking that the government will pay everything for them. The truth is, it’s not that reliable like what everyone thinks. As a matter of fact, Eric Henderson, the Senior Vice President at National Financial, said that Americans shouldn’t rely on Medicaid or Medicare…. read more

Have you ever thought about who’s gonna take care of you when you can no longer take care of yourself? I know it’s scary but don’t worry because there are different options that you can explore, which can take care of your healthcare and long term care needs. The trick here is finding the right… read more

According to a U.S study, families might shell out twice as much if they are taking care of a Dementia patient than a loved one suffering from other conditions or illnesses. It is hard to believe without numbers so here are the costs that Annals of Internal Medicine published. The study revealed that families of… read more