Long Term Care Insurance Costs, Companies and Quotes
Long Term Care Insurance
If you own a nonqualified annuity funded with after-tax dollars, converting to a long term care annuity could provide you significant tax advantages. Thank the Pension Protection Act of 2006 for this major tax saving opportunity. [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…]
Last updated: February 16, 2020 at 16:35 pm
Every year the American Association for Long-Term Care Insurance lists the nation’s top specialists in LTC Planning. Howard Gottlieb, a 15 year veteran with ACACIA Insurance Services was listed among the nation’s top 10. [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: February 28, 2017 at 17:46 pm
A recent study in the New England Journal of Medicine reports that Long Term Care costs for dementia is costing the U.S. as much as $215 Billion per year. The study found that only $11 Billion of this number is covered by Medicare. [Read more…]
Last updated: February 28, 2017 at 20:50 pm
MedAmerica Life Insurance Company offers the only Cash Benefit long term care insurance policy on the market today. The MedAmerica plan is called Simplicity and provides its long term care policyholders amazing flexibility when receiving long term care benefits. [Read more…]