Long Term Care Insurance Costs, Companies and Quotes
Long Term Care Insurance
Last updated: October 29, 2019 at 17:17 pm
Research conducted for John Hancock long term care insurance confirms that lower priced options increase purchasing interest in long term care insurance among 45-65 year olds. [Read more…]
The aging of America is costly on the emotions of the elderly and their families. In addition to this emotional cost, long term care costs strongly affect the wallets of American families. According to national long term care statistics, almost 10 million Americans need long term care services. Thirty seven percent of those are under the age of 65 and that number is expected grow to 12 million by the year 2020. [Read more…]
Financial advisers know that long term care costs can be one of the biggest threats to a retirement plan. If you don’t deal with the long term care risk, it can decimate your retirement plan. So when an investment adviser draws up an investment plan, they typically ask their clients what they plan to do if they need long term care. [Read more…]
Last updated: March 15, 2017 at 8:39 am
According to a new study released by the Alzheimer’s Association, over 5 million Americans are currently affected by the disease. Over the next 35 years that number is expected to increase to 13 million. This year alone, Alzheimer’s is expected to take the lives of more than 500,000 people in the U.S. [Read more…]
Last updated: November 14, 2017 at 16:48 pm
The results of John Hancock’s 2016 Long Term Care Cost Survey indicate the cost of long-term care services continue to rise. Over 16,000 care providers across the nation were surveyed in 2016. Following are the national average costs of long-term care for one year of care. [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…]