Planning Employee Benefits for 2012? Five Reasons Why Long Term Care Insurance Should be at the Top of the List
EM-Power Services (http://www.longtermcarefacts.co) identifies why long term care insurance is now a critical employee benefit for organizations.Boston, MA (PRWEB) January 20, 2012 EM-Power Services (http://www.longtermcarefacts.co), a leading provider of long term care insurance employee benefits services for employers, has identified five reasons why long term care insurance is now a ...
Prudential offers new benefit to long-term care insurance customers
Prudential’s long-term care insurance business is now providing policyholders access to a single, integrated source for objective, high-quality, personalized guidance to support independent living.
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 ...
Long-term-care insurance offers protection, but it’s not right for everyone
In the last years of Martin Privot’s life, his family had to start selling his assets to pay for his nursing home costs. “He needed 24-hour care and couldn’t be left alone,” recalls his daughter Toni Footer. “My biggest fear was we would run [through his money] and wouldn’t be able to provide the care that he needed.” Read full article >>
CONGRESS: How Inland representatives voted
LONG-TERM-CARE INSURANCE: Voting 267 for and 159 against, the House on Feb. 1 sent the Senate a bill to repeal the 2010 health law's section on long-term-care insurance. The program already had been shelved by the administration on grounds it would not pay for itself, as the law requires.