HONOLULU (KHON2) — Senior care experts are raising awareness about the little-known issues of long-term care insurance. We sit down with the Executive Vice President at Vivia Cares, who wants folks to ...
The new rule will let you take up to $2,600 yearly from your 401(k) to pay for qualified long-term care insurance premiums without paying a 10% early withdrawal penalty if you're under age 59½. The ...
For many older Americans, long-term care planning assumes a built-in safety net: their children. But what happens when someone doesn't have kids to rely on? Processing Content New research shows that ...
According to “Vivia Cares”, long-term care insurance helps cover costs that aren’t typically covered by health insurance or Medicare – things like home care or assisted living. What some folks fail to ...
Are the holidays a good time to have a long-term care conversation? OneAmerica Financial's findings shed some light. (AI-generated image) Is the holiday season a good time to discuss long-term care ...
Reality came in a gut punch, delivered matter-of-factly by the Needham couple’s local bank teller. The total balance in their accounts was barely enough to buy a few weeks of groceries. Michael Brown ...
The original issuers of U.S. long-term care insurance were wrong about almost all of the assumptions they made when they designed and priced the policies — except the assumptions that the insureds ...
OKLAHOMA CITY (KFOR) — It’s a question that many baby boomers struggle with: Should you buy long-term care insurance? Like many things these days, the price keeps going up. Savvy senior editor Jim ...
Nationwide, long-term care insurance policies are being used to cover an average of 2.6 years in assisted living, where the average annual cost to live is $70,800, according to a new report from ...
America’s Health Insurance Plans, a trade association, published a report on the use of long-term care insurance across the country. For its “Long-Term Care Insurance Coverage: State-to-State 2025” ...
Many Americans will not be able to afford the long-term care (LTC) they, or aging loved ones they're caring for, will someday require. Benefits including long-term-care insurance (LTCi) and predictive ...
Most Americans will need long-term care at some point, but according to insurance research company LIMRA, only 3% of Americans over age 50 have long-term care insurance. Among those aged 65 and older, ...