Pennsylvania’s Insurance Department will hold a public hearing Thursday prompted by recent consumer backlash to long-term care rate increases, reports Pittsburgh Post-Gazette. The state insurance ...
Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...
The Caring.com analysis identifies Mississippi as the most affordable state overall for senior care, followed by Texas and Arkansas. The least affordable states: Hawaii, followed by Connecticut and ...
“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...
Forbes contributors publish independent expert analyses and insights. John Samuels is the Founder/CEO of Wellworth healthcare advisory firm. Time is running out to prepare for America’s caregiving ...
Minnesotans are facing a pattern of delays and denials when trying to make a claim on their long-term care insurance. Long-term care insurance is supposed to help aging adults cover the cost of ...
AUGUSTA, Main (WGME) -- A long-term care insurance company isn't getting the triple-digit rate hike it was hoping for. Genworth Life Insurance, based in Virginia, wanted to raise long-term care rates ...
Demand and costs for care are rising at the same time that a labor shortage threatens to worsen. How can you plan for this need now? By Mark Miller Samir Shah is a forecaster — but he’s an expert on ...
As more and more of the 70 million baby boomers require long-term care, the dearth of insurance providers and the shrinking number of care workers are shaping up to create a major challenge, says ...
Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...