Long-term care can cost upwards of $100,000 per year and many expenses are not covered by Medicare or private insurance. Here ...

Health insurance and Medicare, on the other hand, don’t pay for residential care.This is what makes long-term care insurance so important for retirement planning. As the American Council on ...

Seventy percent of people turning age 65 will need some form of long-term care during their ... you still obtained insurance, hoping to be amongst the 30%. Your premium increased years ago ...

When it comes to talking about healthcare as families, particularly for those who are younger in age, financial planning for ...

Nobody likes paying higher premiums and it can be frustrating watching them increase. However, just like it was when you initially decided to purchase the policy, the issue at hand is still ...

This includes premium tax credits since they lower the amount you pay for health insurance. You can deduct long-term care insurance monthly premiums much in the same way that you deduct health ...

What are the odds? It’s a question you should ask yourself when making any financial decision — from investing in the stock ...

For many, the cost of care — whether in an independent or assisted living home, memory care facility, or nursing home — can ...

One of the biggest factors affecting retirement planning is also one of the most difficult to plan for. Medical and ...

In many families, long-term care (LTC) isn't a subject that's popular to discuss. That's why something like long-term care ...

Traditional long-term care insurance operates under a use-it-or-lose-it system, similar to your home or auto insurance. If you never need to file a claim, you'll never recoup any of the premiums ...

So, she filed a claim with John Hancock, her long-term care insurance company. Within days, there was a knock on her door.