California Long-Term Care Tax Is California Considering a Long-term Care Tax? Maybe one day soon. What is The California Long-term Care Tax? Assembly Bill 567 established the Long Term Care Insurance Task Force, simply known as “Task Force,” to assess the...
I was reading an online “newspaper” the other day. There was an article about long term care insurance and the importance of planning for the financial consequences of needing long term care. I like to read the comments at the end of articles. I often find the...
What is long-term care? Long-term care includes a variety of services that may be both medically and/or non-medically necessary for people with a chronic illness or disability. Health and personal needs are met through long-term care. Generally speaking, long-term...
If you could design “perfect” long-term care policy for yourself, what would it look like? I recently asked someone this question and she said: “It should have premiums that are guaranteed to never go up. It should be able to return most, if not...
Alzheimer’s Blood Tests and Long-Term Care Insurance: What to Know Before You Test Table of Contents 2 3 Alzheimer’s Blood Tests and Long-Term Care Insurance: What to Know Before You TestAlzheimer’s Blood Tests and Long-Term Care Insurance: What Consumers Must Know...
#1 Easy Long-Term Care Insurance: Real Stories of Finding Coverage When Others Said “No” Many people assume that qualifying for long-term care insurance is difficult, stressful, or only possible for those in excellent health. Thankfully, that’s no longer true. A new...
Consumers looking for long-term care insurance (LTCi) may ask about the differences between indemnity vs reimbursement plans. This is a valid question, as there are key factors making them separately unique. Deciding to purchase an indemnity or reimbursement plan...
When Should You Buy a Life / LTC Hybrid Policy? Instead of using traditional long-term care insurance policies, a LTC hybrid policy offers more opportunities to those who have a bad health history – as many who do are more likely to be declined. There are other...
Is Long-Term Care Insurance a Scam? 12 Evidence-Based Facts About LTCi Is Long-Term Care Insurance a Scam? 12 Evidence-Based Facts About LTCi Long-term care insurance is often labeled a “scam” online—but that claim ignores how the product actually works, how it is...
Short-Term Long-term Care Insurance Short-term long-term care insurance might seem like an oxymoron. How can an insurance product designed to help you pay for long-term care costs look like short-term care insurance? Here are three characteristics of short-term...
What is True Long-Term Care Insurance? True long-term care insurance is NOT typically sold by most “financial advisors”. If you ask 20 of these people (or insurance agents) for information on true LTCi, 19 of them will give you details on LIFE insurance. How can you...
Improvements to Long-Term Care Insurance Traditional long-term care insurance is the oldest and most common form of long-term care insurance. Of the 7,111,139 long-term care policies in-force (as of December 2021), 6,311,826 are traditional long-term care insurance...
What Are Long-Term Care Partnership Policies? Long-term care partnership policies are just like traditional long-term care insurance, except there is one additional benefit: A long-term care partnership policy can protect your assets from Medicaid, even if your policy...
3 Types of Life Insurance Hybrids That Pays for Long-Term Care What are the different types of life insurance hybrids? There are hundreds of policies that include some kind of rider that can help pay for “long-term care” expenses. These might be great for life...
