Common Questions on Long Term Care

Long term care is something no one would ever dare to discuss during important family gathering or luncheon party; the exaggerating costs of health care services seem daunting for anyone trying to make both ends meet and earning on the middle tier.   So what is long term care? Why people try their best to […]

Posted on: 30 June 2012 | 4:27 am

Choosing the Right Approach to Long Term Care Planning

  Many Americans have raised their eyebrows after hearing reports on the skyrocketing prices of long term care (LTC).  No one would ever dare compromising their lifetime savings for just a year in nursing home or assisted living, knowing that it would have damaging results to their loved ones. Learning that your parents or a […]

Posted on: 22 June 2012 | 9:03 am

Making Respite Care Cheaper

The results of cost of long term care in last year’s survey stirred disappointment among millions of Americans who are advancing in age and are caring for loved ones with illnesses or disability. The nation’s average rate for nursing home’s private room increased 4.4% from $229 in 2010 to $239 in 2011. The assisted living […]

Posted on: 16 June 2012 | 1:43 am

Planning Long Term Care with your Parents

Your parents are getting older, and you’re probably worried that they might need care or get admitted in a much expensive facility few years from now.  It’s quite rare nowadays for elders in their 60s to maintain healthy mind and body, since more and more people—both young and old–are crippled with illnesses or disability as […]

Posted on: 9 June 2012 | 3:45 am

Rethinking of Long Term Care Insurance Option

The number of Americans who are becoming aware of the drawbacks of long term care has increased, but the percentage of people braving the LTCi scene remains low. Does it mean that Americans are not learning from their grandparents’ experiences?   Reality check: people already know the consequences but long term care insurance can never […]

Posted on: 2 June 2012 | 7:21 am

How Sandwich Generation Cope with Long Term Care

The increasing rate in long term care services does not only threaten seniors and baby boomers as they are the frequent victims of the price increase; it alarms millions of the “sandwich generation”—both young and old. The sandwich generation simply refers to individuals who are expected to provide support for aging parents or loved ones. […]

Posted on: 19 May 2012 | 3:47 am

Long Term Care Insurance Inflation Protection Options

In planning to get the best LTC insurance policy that one would avail, it is also important to put into consideration the long term care insurance inflation protection that his potential plan might have because this specific feature is considered as the most important and most beneficial of all features that all LTC policies in […]

Posted on: 12 May 2012 | 2:22 am

Should I Self-insure or Not

Experts suggest middle-class Americans should purchase long term care insurance because they are more vulnerable to financial drawbacks brought by LTC. However, this creates confusion among upper-middle and high-income Americans as to whether purchasing LTCi or not would be beneficial, particularly these people think they have overflowing savings and resources to pay for the health […]

Posted on: 4 May 2012 | 11:03 pm

Present Issues On Long Term Care Insurance For Baby Boomers

The long term care insurance for baby boomers needs more attention and must really be prioritized but is seems like it is too late for the other “baby boomers” to get hold of an LTC insurance policy specifically because the rates are much more expensive nowadays and they now lack stable financial resources that they […]

Posted on: 28 April 2012 | 5:56 am

Cost of Long Term Care Insurance Gets Worse

The American Association for Long Term Care Insurance reported that the prices of policies sold by the 10 of the country’s biggest insures have increased by 17 percent than last year’s rate. AALTCI’s executive director, Jesse Slome, said “Insurance prices have increased as a result of the historic low interest rates and yields on fixed […]

Posted on: 20 April 2012 | 10:13 pm