I’m sharing below a concise Bloomberg summary of how long term care insurance has been dragging General Electric Company. Coincidentally, this week I met with a client facing a LTC premium increase from $3902 to $5248 annually. Her long term care insurance company did offer some reduced benefit options but no guarantee premiums won’t be […]
In this September 2017 Washington Post article (link below), the writer shares the story about a Medicare pilot program after his 90 year old mother fell, and the resulting hospital and rehabilitation facility experience. The writer legitimately questions whether the hospital and rehabilitation facility fast tracked his mother who, suffering from dementia, wasn’t progressing quickly […]
Annuities, long-term care insurance or a hybrid life insurance / LTC rider are better options than trying to go-it-alone.
39% of U.S. adults care for someone with significant health issues, up from 30% in 2010.