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Paying the Price of Your Benefit Period

Just like the maximum benefit amount, inflation protection and elimination period, the long term care insurance benefit period determines the policyholder’s annual premium since it is the length of time that he will receive his benefits. Policies with a shorter benefit period equate to a lower annual premium while a longer benefit period is tantamount […]

Before Getting Your Hands On That LTCI Policy

Long term care insurance is one of, if not the biggest, investment that one can make in this time and age. Buying long term care insurance policy will benefit you in all aspects of life apart from health care. Just to clear it up, it’s you the policyholder or the owner of the long term […]

Facing Long Term Care in Tennessee with Confidence

Just like anywhere else in the country, Tennessee is also experiencing a crisis in long term care as costs continue to soar and these are even expected to increase fourfold in less than 20 years.  In Tennessee long term care has become a daily issue since the death of the CLASS Act. About 3.2 million […]

Preparing for Maryland Long Term Costs

In Maryland long term care is dreaded by many families because no matter which long term care (LTC) setting they would go for, they will still wind up exhausting all of their assets. Nursing homes in Maryland have an average daily rate of $242 but this can go higher depending on the area where one […]

The End of CLASS Act

It stirred controversy in Congress and people held polls to see if it is really essential, but before it can start working wonders in the area of long term care CLASS Act was scrapped. This issue should not really come as a surprise since there was never actually a time when government officials shared the […]