John Hancock Long Term Care Insurance Options Study
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…]
Long Term Care Insurance Costs And Benefits Review
The Real Cost of Long Term Care
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…]
Alzheimer’s Disease Hits Women The Hardest
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…]
John Hancock 2016 Long Term Care Cost Survey
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…]
Long Term Care Costs Continue To Increase per Genworth 2015 Survey
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…]
Long Term Care Insurance and Inflation Protection Riders
The cost of long term care is increasing just like most everything we can think of. But what is the actual rate long term care costs are increasing and which inflation rider, if any, should you build into your long term care insurance policy? Maybe it would be better to self-insure for the rising cost of long term care? [Read more…]