Share this page | Email | Contact Us

Special Report on

Long-term care policies

long term care policies special research report Photo by
companies are now losing money and they are trying to prevent further losses by using questionable means to deny claims. Unfortunately, this means that people who faithfully paid their long term care insurance premiums are stuck paying for their own care, which they thought was taken care of. Send your Long Term Care Insurance Benefits Denied claim to a Lawyer who will review your case at NO COST or obligation. CLICK HERE On March 26, 2007 the New York Times reported that thousands of policy holders have been denied benefits. One example of an insurance company acting in bad faith is Conseco. It denied an 81 year old widow ...
Individuals who require long-term care are generally not sick in the traditional sense, but instead, are unable to perform the basic activities of daily living (ADLs) such as dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking. Age is not a determining factor in needing long-term care. About 60 percent of individuals over age 65 will require at least some type of long-term care services during their lifetime. About 40% of those receiving long-term care today are between 18 and 64. Once a change of health occurs long-term care insurance may not be available. Early ...
Limited-Duration Long-Term Care Insurance
It seems attractive on the surface. But elder law attorney Gene L. Osofsky of Osofsky & Osofsky advises that buying a limited-duration long-term care insurance policy entails inherent risks. FOR IMMEDIATE RELEASE PRLog (Press Release) – Jul 19, 2010 – Consumers are increasingly buying shorter-duration insurance policies as a remedy for making long-term care insurance an option. 2009 highlights the trend nicely. That year 32% of individual consumers purchasing a long-term care policy opted for a three-year benefit window, according to a report published by the American Association for Long-term Care Insurance. Will ... market research, surveys and trends
Partnership shelves last-remaining pre-funded care product - New ...
insurance products, where customers make an up front payment for a policy that pays out if they go into a long term care arrangement. ‘No one wants to pay for a product they may never use,’ said Chris Horlick (pictured), Partnership  managing director of long term care. ‘We had very poor take-up for a product that is only of use if you go into long-term care…sales were absolutely minimal and there seemed no point carrying on.’ Horlick said Partnership sold just 21 pre-funded policies last year. He said the product will not be completely removed until after the government’s long-term care commission makes its policy ... market research, surveys and trends


Long-term Care Insurance Gains Prominence
Long-term care insurance appeared in the 1980s, and since then, increasing numbers of workers are offered group long-term care plans through their place of employment. Long-term care insurance, which pays for custodial care, home care, or nursing home care for periods longer than a year, is a relatively new component of the employee benefits picture that has grown in prominence. The first group long-term care insurance contract was written in 1987. 1 BLS data for 1989 show that long-term care insurance was offered to 3 percent of full-time employees in private industry establishments with 100 or more employees. 2 As of 2000, ... industry trends, business articles and survey research
FCIC: Guide to Long-Term Care (LTC) Insurance
Insurance is an important tool for protecting yourself against risk. For instance, health insurance pays your doctor and hospital bills if you get sick or injured. But how can you protect yourself against the significant financial risk posed by the potential need for long-term care services, either in a nursing home or in your own home? Long-term care goes beyond medical care and nursing care to include all the assistance you could need if you ever have a chronic illness or disability that leaves you unable to care for yourself for an extended period of ... industry trends, business articles and survey research
Nixon signs bills that include protection for consumers
Gov. Jay Nixon on Tuesday, July 13, signed several bills into law, including bills to increase the number of emergency medical technicians available to serve rural Missourians, to increase protections for insurance consumers, and to require increased public notice by local governments before voting on tax increases and eminent domain. The governor was joined by several legislators and by representatives of organizations at the bill-signing ceremony in his Capitol office. The bills signed July 13 by the governor include: Senate Bill 583 is an omnibus insurance bill containing several provisions, including requiring a refund of ... market trends, news research and surveys resources
Missouri will require greater public notices on local government tax votes
JEFFERSON CITY, Mo. -- City councils and other government boards in the state will have to give greater notice before voting on tax increases. Gov. Jay Nixon signed a law on Tuesday that requires public notification four days before meetings on tax increases, eminent domain or redevelopment plans financed with public funds. Missouri's current law requires only a 24-hour notice for government meetings. The new requirements take effect Aug. 28. The new law also prohibits votes on those matters before the public has a chance to comment. Some supporters of the bill complained city officials sometimes give developers more ... market trends, news research and surveys resources


Long-Term Care Policies in Michigan
Some companies offer long-term care policies that provide only for home health care or only for facility care. A policy sold as a long-term care policy must ... technology research, surveys study and trend statistics - Long-Term Care
that includes medical and non-medical care to people who have a chronic illness or disability. Long-term care helps meet health or personal needs. Most long-term care is to assist people with support services such as activities of daily living like dressing, bathing, and using the bathroom. Long-term care can be provided at home, in the community, in assisted living or in nursing homes. It is important to remember that you may need long-term care at any age. You may never need long-term care. This year, about nine million men and women over the age of 65 will need long-term care. By 2020, 12 million older Americans will ... technology research, surveys study and trend statistics
Long-Term Care Financing: Policy Options for the - Long-Term Care ...
to design policies for financing long-term care that would address one or more ..... Private long-term care insurance policies pay for personal care and ...
  1. profile image CathyOnLTC Over 97 percent of long-term care insurance policies sold today provide some form of home care benefit.
  2. profile image ADAMKOENIGSBERG @SuzeOrmanShow mom is 70 looking into long term care INS do u recommend five yr, ten yr or lifetime policies thanks Suze
  3. profile image LTCGabrielle Long term care policies will cover care in an assisted-living facility, community centers and at home.
latest webinars
  1. Medi-Cal: Webinar Classes
  2. DEA Audits in LTC Webinar
Join these Webinars to learn more about current research, trends and surveys.
Google Answers: Disability and long term care insurance
Based on a review of resources from the National Multiple Sclerosis Society, the answer is yes, although only under a very limited set of circumstances, and it may be more difficult now than it has been in the past. The most comprehensive article I could find on the subject is "Long-term care insurance: myths and facts" by Martin V. Jones, Inside MS, looksmart (Summer 1994) . It states the following: "The industry surveys show that although half of LTCI companies automatically reject applications from all people with MS, an equal number will consider ...
WikiAnswers - Long Term Care Insurance Questions including "Are ...
Here are answers and opinions from FAQ Farmers: Death benefits are usually not subject to federal income tax. There are... At what age should one start considering the purchase of a Long Term Care Insurance policy? The most basic answer is the same as with any sort of insurance policy. It depends on how "risk averse" you are, as economists... Where can you get long term care insurance quotes? Here is advice: I recommend you talk with a local agent who can get to know your circumstances. Let them explain all the options... How do you file a complaint about a company that sells long term care insurance? If you're ...