Should You Buy Long-Term Care Insurance? Maybe Not
Private long-term care insurance can be an important tool to protect against the risk of needing costly personal assistance in old age. But two respected financial economists conclude it is very expensive relative to the benefits it provides and may not be appropriate for many buyers. At the same time, a new consumer brief from ...
Long-term-care insurance is more expensive than it’s worth for some people
1 Determine if you qualify financially Don’t buy if the out-of-pocket cost for the coverage would be more than you can afford. Consumer Reports advises people that if their net worth, excluding their home, is below $300,000, long-term-care insurance is not a good buy for them. The National Association of Insurance Commissioners also recommends that consumers spend no more than 5 percent of their ...
Tips on buying a long-term care policy
1 Determine whether you qualify financially. Don't buy if the out-of-pocket cost for the coverage would be more than you can afford.
Changing Medicare Coverage During the Medicare Advantage Annual Disenrollment Period -- PlanPrescriber Offers 5 ...
MAYNARD, MA-- - Today PlanPrescriber , a wholly-owned subsidiary of eHealth, Inc. , published advice for Medicare beneficiaries who are considering taking advantage of the 2012 Medicare Advantage Disenrollment ...
CNA Financial Announces Fourth Quarter 2011 Results: Net Operating Income of $191 Million, Net Income of $190 Million ...
CNA Financial Corporation today announced fourth quarter 2011 results, which included net operating income of $191 million, or $0.71 per common share, and net income of $190 million, or $0.70 per common share.