Top 15 Cheapest States for Long-Term Care Costs: 2014
Genworth’s 11th annual study provides data on the states with the lowest costs across a range of LTC services.
LTCI Payouts Rose 13% in 2013
Payouts could more than quadruple in the next 20 years, the American Association for Long Term Care Insurance predicted.
Effect of Gender-Based LTCI Prices Seen in New Index
As you would expect, men's cost is going down, while couples and women are paying more, according to the American Association for Long-Term Care Insurance.
Single Women Shopping for LTC Insurance Better Start Now
This spring, insurers started introducing new policies that charge single women between 40% and 60% more than their male counterparts, says AALTCI.
LTC Financing in Crisis, Commission Says
One long-term care expert calls the group's recommendations "Band-Aids," while another says they are a "step in the right direction."
Big Questions Lurk in LTC’s Future
LTC specialists are at odds over what recommendations they believe the Long-Term Care Commission will submit to Congress on Thursday.
Largest LTC Claim Tops $1.8 Million
The largest open claim on a long-term care insurance policy has paid nearly $2 million in benefits over more than 15 years, the American Association for Long-Term Care Insurance reported.
LTCI Benefits Exceed $6B in 2012
Insurers paid $6.6 billion in long-term care insurance benefits in 2012, according to the American Association for Long Term Care Insurance.
LTCI: Here Today, Gone Tomorrow?
The release in late September of a Moody’s Investors Service sector profile of long-term care insurance was filled with doom and gloom.
Long-Term Care Insurance Not Just for Elderly
It’s a common perception that such coverage is for older people who suffer failing faculties due to their age. But a study found that claimants as young as 24 had used their policies, sometimes for years.