We have a really serious problem, and it’s one the legislature hasn’t done a particularly robust job at addressing, because it involves some really, really tough decisions,” Rep. Mitch Bolinsky ...
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 ...
“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. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...
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 ...
Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...
Henrico County-based Genworth Financial thinks it's found a way to help people finance long-term care that will avoid the regular double- and triple-digit premium rate increases for policies that ...