Insurance Matters Articles
LTCI is a complex product, and family caregivers are often unaware of the specifics of a senior’s policy. Use this checklist to learn about coverage and the information needed to file a claim for benefits.
Seniors are more susceptible to oral health problems, like dry mouth, gum disease, and tooth loss, but they are also less likely than ever to have dental insurance. That means it’s up to you to explore options for covering dental procedures.
Long-term care insurance (LTCI) is one option for ensuring that you will be able to afford long-term care should you need it. This kind of product provides coverage for types of care that Medicare, Medicaid, and traditional health insurance do not.
Permanent and term life insurance have many differences and fit very different needs. It's important to understand both types to find the right coverage for you and your family.
There are life insurance options available for seniors, but finding the right policy can be tricky.
The start of the nationwide health insurance enrollment period has been fraught with glitchy websites and cancelled plans. Here are 4 things to keep in mind about buying a plan on the new marketplace.
Unsure about how you will be able to pay for elder care? Learn how to convert your life insurance policy into a Medicaid-qualified asset.
Yes, Some long term care insurers offer policies where two people share one pool of benefits.
Is there an age limit, or health restrictions that would prevent a person from getting long-term care insurance?
Generally, the younger you are at the time you purchase, the less expensive the premium and the greater the likelihood you will be health-qualified and accepted for coverage.
Caregivers want objective advice and guidance. Long-term care is a major life decision, so understandably, caregivers have a long list of concerns: navigating the complex long-term care landscape, paying for care and choosing the right care top the list.
Long-term care insurance can be a sound investment, potentially saving you and your loved ones thousands of dollars in future care. Unfortunately, it's also pretty pricey. For some couples, 'shared care' plans may offer a cheaper alternative.
Long-term care insurance can save families from financial ruin if parents require care. But an insurance policy with poor terms or limited coverage can be a big waste of money.
The younger someone is, the less expensive long-term care insurance costs. This type of insurance can save your parents thousands of dollars, especially if they need to go into an assisted living or skilled nursing facility.
Long-term care insurance is not the same as health insurance. It provides coverage should your elderly parent need assistance from home health care, assisted living, skilled nursing, or other services.
If a person dies and does not use their long-term care insurance, the premiums are not refundable.
Inflation protection on a long-term care insurance policy makes sure that your policy keeps up with the rising costs of home care, assisted living and nursing homes.
Everyone, regardless of age, should consider long-term care insurance to pay for the cost of home care, assisted living or nursing homes.
Did the insurance company make a mistake on a medical claim? Trying to correct it and recover your parents' costs can become a full-time job.
National reports show that up to 90 percent of medical bills have errors. Those errors can cost you and your elderly parents thousands of dollars if you aren't vigilant about the bills you receive.