Long Term Care Insurance Costs, Companies and Quotes
Long Term Care Insurance
Last updated: February 14, 2017 at 15:43 pm
Inflation of Texas long term care costs is a significant challenge for Texans planning for retirement. The highest long term care costs in Texas are in the cities of Austin, Houston, McAllen and Dallas. With a 6% year over year increase from 2012 to 2013, [Read more…]
Last updated: February 28, 2017 at 20:37 pm
The cost of long term care facilities in California continues to climb and put California residents at substantial financial risk. According to the Genworth Financial 2013 Cost of Care Survey, the cost of long term care facilities in California rose between 3% and 5% from 2012, depending upon the type of long term care facility. [Read more…]
Last updated: February 28, 2017 at 17:52 pm
Genworth Financial, one of the nation’s leading long term care insurance companies, recently released the Genworth 2015 Cost of Care Survey. This extensive survey covers thousands of long term care providers in 437 regions nationwide. [Read more…]
Last updated: June 29, 2020 at 10:36 am
A recent study reports that, in 2017, 18.4 billion hours of care, valued at $232 billion, were provided by family and unpaid caregivers. And 83% of this help provided to older adults is from family members, friends and other unpaid caregivers, not Medicare. [Read more…]
Last updated: February 28, 2017 at 17:57 pm
The Sturgeon Bay School Board has approved dropping their long term care insurance benefit as a cost cutting measure. Over sixty retirees will be affected by the decision to drop the long term care insurance benefit and only those who have been insured for more than 10 years have the option to retain their long term care insurance benefits. [Read more…]
Last updated: March 10, 2017 at 15:21 pm
Baby Boomers are becoming increasingly aware that Medicare does not pay for most long term care. Meanwhile the annual cost of a private room in a nursing facility is averaging $81,000, and climbing. [Read more…]