Long-Term Care Insurance: That Wasn’t Supposed to Happen!

Q. When my mom was in her 50's, long-term care insurance seemed like a great idea. She bought a policy while she and my father were still relatively healthy, paid their monthly premiums on time every month, and in return they … [Read more...]

Long-Term Care Insurance vs. Life Insurance with a Long-Term Care Rider

Q. My mother was in a nursing home for about two years prior to her death, and it cost the family most of her savings. I don't want the same to happen to me and my husband. Therefore, we are trying to make the decision of buying … [Read more...]

What Happens When a Long-Term Care Insurer Goes Belly Up?

Q. My husband and I are seriously considering long-term care insurance. I read recently, however, that Penn Treaty is facing liquidation, and health insurers across the country are on the hook for hundreds of millions of dollars … [Read more...]

Critter Corner:  FAQs About Hybrid Insurance Policies

Dear Ribbit, I am considering a hybrid insurance policy, but I have several questions. If I send them to you, can you help me answer them to clarify some things to help me make a decision. Thanks very much! Hy … [Read more...]

Cost of Long-Term Care Insurance is Increasing. . . Even More than Before!

Q. Our neighbors are both retired Federal employees. Recently, when we had dinner with them, the topic of long-term care insurance came up, and they told us about a huge rate increase last year. Now, they are paying MORE THAN … [Read more...]

The Death of Long-Term Care Insurance?

Maureen’s husband is retiring within the next few years, and her family is now planning in advance for long-term care, in case the need should arise in the future. Recently, in doing some research on long-term care insurance, … [Read more...]

Critter Corner: The Lapsing of Long-Term Care Insurance Policies and Dementia

Dear Commander Bun Bun, My grandmother had a long-term care insurance policy, which I know she was paying a lot for. However, she has dementia, and let it lapse. I’m sure this happens all the time, and it’s scary because now is … [Read more...]

Critter Corner: Should I Get Long-Term Care Insurance?

Dear Baxter, My neighbor is an insurance agent who keeps bothering me about long-term care insurance. I try to avoid her, but lately it hasn’t been working. To help me make an educated decision, can you provide some reasons I … [Read more...]

Long-Term Care Insurance: Yes or No?

Q. Long-term care is a subject we’ve been avoiding for years, but as we are getting older and less able to do things for ourselves due to physical ailments, my wife and I finally sat down to talk about it. At first, long-term care … [Read more...]

Critter Corner: Is There a Federal Long-Term Care Insurance Option?

Dear Commander Bun Bun, I am 58 and still working. I understand that long-term care insurance through insurance companies is expensive, and that there are risks involved. I was wondering if there is government solution to … [Read more...]