California’s insurance commissioner, Ricardo Lara, has put long-term care insurers and agents on notice for spreading misleading marketing materials and emails that falsely warn consumers the state is ...
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I’m a multi-millionaire in my 40s. Should I purchase long-term care insurance?
Long-term care (LTC) insurance is pushed as a universally important financial tool. Because Americans live longer, meaning ...
Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.
Cognitively impaired individuals are more likely to allow a long-term-care insurance policy to lapse even though they're more likely to need long-term care in the future, according to a new study ...
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 ...
Did you know that a private room in a nursing home costs, on average, about $9,800 per month in 2024? And, while home health aides cost less on average, the nearly $6,000 per month price tag can still ...
Washington state’s new, long-term care insurance program gives residents a lifetime benefit of $36,500, which can pay for approximately 81 days in a nursing home. The benefit is a first-in-the-nation ...
My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is long-term care ...
Do long-term care (LTC) insurance policies cover medical and non-medical in-home care? Yes, they do. But make sure you read the actual fine print. Not every long-term care insurance policy covers home ...
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