Long term care insurance is designed to help reduce the cost of care–or even eliminate it–for people that might require senior care later on in life. One of the interesting things about long term care insurance is that the … [Read more...]
A Quick Tutorial on Senior Care and What Insurance Covers
A lot of people believe that once they receive Medicare and the insurance coverage that this provides that their senior care is taken care of. Unfortunately, this isn’t quite true. While there are a lot of things that Medicare will help … [Read more...]
The Ever-Changing World of Long Term Care Insurance
Long term care insurance is designed to help protect the elderly against the high cost of senior care. It is an insurance product, like health insurance, and the benefits occur as you pay into the policy. There are some … [Read more...]
Does Senior Care Feel Way Too Expensive?
If you feel like finding the right senior care for yourself or a family member is really expensive, you are not alone. A huge number of people are finding that the cost of living is going up and up, and that senior care is … [Read more...]
Considering Long Term Care Insurance? Read This First.
You might have heard of long term care insurance, but that doesn’t mean you understand it. Hopefully, this piece can shed some light on the topic. Long term care insurance is ideal for some, but less than helpful for others. It … [Read more...]
Do You Really Need Long Term Care Insurance?
For a long time, it was highly recommended by a large number of financial professionals and retirement specialists that you use long term care insurance to help prepare for the latter portion of your retirement. Things have changed … [Read more...]
Long Term Care and Your Finances
Financial concerns are one of the biggest worries--if not the biggest worry--that people have regarding aging. Preparing your finances ahead of your senior years is an important step when it comes to getting older, but it’s one of those … [Read more...]
The Issue With Long Term Care Insurance
All across the United States, people who are looking for long term care insurance are finding something disturbing: the cost of purchasing a long term care policy are going up quickly. Thirty years ago, these products were quite … [Read more...]
Long Term Care Insurance Policies
For the most part, most people rely on Medicare and Medicaid to help offset the costs of senior care. However, these two public health insurance types are limited in what they can offer you most of the time, especially if you want to have … [Read more...]
Do You Need Long Term Care Insurance?
Long term care insurance is one of those things that most people think that they will never need. And if they do see a need for, it’s usually something that can be delayed--or so the common attitude toward this type of insurance product … [Read more...]
Tips on Saving Money on Long Term Care Insurance
Long term care insurance is certainly a great way to reduce costs on a nursing home stay or, depending on the situation, in-home care or assisted living. But even the cost of long term care can sometimes be too much for some. Knowing how to … [Read more...]
Paying for Care When Medicaid Isn’t a Choice
Senior care is expensive. There’s no sugar coating that fact, unfortunately. Even if you decide to leave your fulltime job to provide care for a loved one, you are paying quite a bit to do so, albeit in the form of an opportunity cost. … [Read more...]