Some suggest we may be heading for the golden age of long-term care insurance. I hope so. In 2002 when I started in this specialized insurance niche the industry reported $1.5 billion in new standalone premiums. A decade later the premiums had dropped to $600 million. Now the latest numbers for 2021 indicate total standalone
Tag Archives: Medicare
Nicole Gurley explains what you can expect to pay for long-term care insurance now and in the future! Have more questions? Click here to contact Nicole.
It’s not a fun topic. We get that. But it just might be the most important thing you do to protect your financial security. Here are five key reasons: Most Americans aged 65 and older will need long-term care. Who Needs Care? | ACL Administration for Community Living It’s not covered by Medicare. Medicare | ACL Administration
What a novel concept! Just kidding! It’s really not. Since the Taxpayer Relief Act of 2012 removed the Class Act from the Patient Protection and Affordable Care Act (Obamacare), several think tanks working on how to fund long-term care for aging baby boomers have all recommended the solution is a combination of public and private