If a reduction in these outrageous premiums is not legislated, policyholders will be forced to drop these policies,” said one ...
The financial conditions that plague the long-term care insurance industry today were created by the industry’s deliberate ...
Lily Vittayarukskul (pictured above) was studying aerospace engineering when her aunt was diagnosed with terminal colon ...
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Money Talks News on MSNThe Desperate Strategy Most Americans Bet on to Cover Long-Term Care CostsWhat would you do if you needed long-term care but couldn’t afford to pay for it? For a majority of Americans, the answer is ...
CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...
As costs rise and consumers are squeezed, grievances filed with the Connecticut Insurance Department have mounted. The office received more than 700 complaints in the last six years about long-term ...
While some people have dropped plans due to cost, enrollment also dipped during the pandemic because a number of policyholders died. When long-term care insurance was first introduced, it was ...
And, remember that while long-term care insurance premiums can be substantial, the cost of long-term care without insurance can be financially devastating, making this protection worth considering ...
There’s a widespread rule of thumb that retirees need about 70% to 80% of their pre-retirement income. However, this ...
In Connecticut, prices for long-term care insurance have ballooned. State officials say they’ve hit a wall trying to find a solution. WSHU’s Ebong Udoma spoke with CT Mirror’s Jenna Carlesso ...
The guide highlights the top-ranked Long-Term Care Insurance companies ... These tools and resources include: Cost of Care Calculator: Shows the current and future cost of long-term care services ...
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