When is the Best Time to Purchase Long Term Care Insurance?

If you decide that long-term care insurance is the right decision to protect your assets and your family's financial future, the best time to buy it is now, because the older you get, the more expensive the policy becomes in the … [Read more...]

New Report on The Role of Long-Term Care Insurance

Private insurance currently plays a small, but potentially important role in financing the long-term care of the elderly in the United States, and some believe it can be a significant element in a restructured long-term care … [Read more...]

Virginia’s New Long-Term Care Insurance Partnership

Virginia's new Long-Term Care Insurance Partnership Program, effective September 1, 2007, will allow consumers to obtain Long-Term Care Insurance as part of a Medicaid Asset Protection Plan.  Virginia's Partnership Program allows … [Read more...]

What is Long-Term Care?

When a person requires someone else to help with physical or emotional needs over an extended period of time, this is long-term care. This help may be required for many of the activities or needs that healthy, active people take … [Read more...]

Cost of Home Health Care vs. Other LTC Options

When it comes to long-term care, which type of care is cheaper? A common misperception among the media and the public is that receiving care at home is less expensive than receiving care at an assisted living facility or a nursing … [Read more...]

Things to Remember at Tax Time

April 17th is approaching and it is time to begin crossing T's and dotting I's in preparation for paying taxes. As tax time draws near, you want to make sure you file all the proper forms and take all deductions you're entitled … [Read more...]

New LTC Insurance Premium Deductibility Limits

The Internal Revenue Service has announced the 2007 limitations on the deductibility of long-term care insurance premiums from taxes. Premiums for "qualified" (see explanation below) long-term care policies are treated as an … [Read more...]