With annual rate hikes often exceeding 50%, coverage is increasingly unaffordable. And as complaints mount, legislative ...

Long-term care insurance is a valuable financial planning tool considering that it can help cover the cost of nursing homes, ...

Long-term care insurance is coverage that will pay for assisted living, nursing home care or home health care in the event you are unable to care for yourself because of a chronic condition or ...

Pros & Cons Best average costs of the long-term care insurance companies we reviewed. You can choose among four levels of annual benefit increases (2%, 3%, 4% and 5%), which can offset ...

Rather than selecting the maximum daily benefit amount when purchasing a long-term care insurance policy, carefully analyze your potential care needs and local care costs and use that to inform ...

One potential solution is long-term care insurance. This type of insurance coverage is designed to help cover costs associated with long-term care services. By paying premiums to an insurance ...

A policy purchased this year will cost as much as 17 percent more than a comparable plan purchased in 2011, according to the American Association for Long-Term Care Insurance, an industry group.

and it's not covered by Medicare or most other types of health insurance. The costs of long-term care insurance can vary widely based on where you live, the level of care you need, and whether you ...

About 7.5 million Americans have some form of long-term care insurance (LTCI), which is a policy that helps cover the daily living costs associated with health diagnoses not covered by standard ...

The decision on whether to buy long-term care insurance vs. self-insuring is a ... choose to purchase policies together. Long-term care costs and increases in premiums can also vary by state.

Carson stated that about 25% of individuals spend less than $25,000 on long-term care, a cost that may feel manageable ... While traditional long-term care insurance can be expensive, Carson ...