Three Big Problems With Long-Term-Care Insurance

There are three issues concerning people who are considering long-term care insurance: The underwriting and approval process can be long and difficult Claims may not be paid in the future when care is needed, and Premiums might skyrocket forcing you to drop the...

Busting Myths About Long-Term Care Insurance

Myth #1  Most long-term care insurance claims are for nursing home careWhen the long-term care insurance began in the mid-1960’s, most policies only covered the cost of nursing homes.  It wasn’t until the early 1990’s that insurers began including riders that covered...

The Truth About Long-Term Care Insurance

Long-Term Care Facts Column: article originally published by the Redlands Daily Facts May 9, 2013: In my last column, I addressed recent articles published on a several well-known news websites have been riddled with half-truths and misleading information.  In an...

Is Pricing Discriminatory or Good Business Practice?

 Some of the leading long-term care insurance companies have recently announced that they will soon offer policies that have different rates for men and women. Gender-based pricing for insurance is not new. Most insurance policies have premiums that are based on...

Protecting Your Income, Assets Is Of Paramount Concern

Long-Term Care Facts Column: article originally published by the Redlands Daily Facts February 21, 2013: My last column explained the government’s role in providing long-term care. As a general guideline, if your household income is less than $50,000 per year and your...