Long-Term Care Insurance

New York Times  Feb 22  Comment 
A report by the American Association for Long-Term Care Insurance finds that rates rose this year an average of 9 percent.
New York Times  Feb 20  Comment 
A report by the American Association for Long-Term Care Insurance finds that rates rose this year an average of 9 percent.
Motley Fool  Feb 8  Comment 
Rising premiums over the years has turned the coverage into a nightmare for many.
MarketWatch  Jan 26  Comment 
One way is to increase “elimination periods.”
MarketWatch  Dec 23  Comment 
For retirees with modest nest eggs, the odds of needing long-term care coverage don’t justify the costs.
Forbes  Nov 19  Comment 
Last week, Genworth Financial, the dominant player in the traditional long-term care insurance market, acknowledged it is continuing to struggle to keep the product afloat. The firm announced it increased its reserves against future insurance...
USAToday.com  Sep 9  Comment 
Seventy percent of people over 65 will need some form of long-term care at some point.
Motley Fool  Sep 6  Comment 
Long-term care is a big concern of baby boomers, but getting coverage isn’t easy
SeekingAlpha  Aug 31  Comment 
By Frances Aylor: Long-term care insurance remains a challenging business segment for Genworth (NYSE:GNW). Despite price increases and product changes over the last several years, LTC operating earnings in the second quarter plunged to $6 million,...
TheStreet.com  Jul 29  Comment 
NEW YORK (TheStreet) -- Seventy percent of Americans will need long-term care insurance, according to a study from Genworth, but the median national monthly rate for live-in care at an assisted-living facility clocks in at $3,500 per month --...


Related Articles


Long-term care insurance helps provide for the cost of long-term care beyond a predetermined period. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.

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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki