A surprising number of seniors still believe that Medicare will cover all their long term care expenses, according to a study by AARP. But here’s the reality: Medicare offers limited-time long term care coverage that applies only to skilled nursing care. Long term care insurance (LTCI), on the
Read more →A rising number of nursing homes are pursuing the adult children of patients for their parents’ unpaid bills. It’s called filial support litigation, and it’s a growing trend among long term care providers. Thanks to something called filial responsibility laws, the providers often prevail. More than half
Read more →Anyone who has filed insurance claims before—whether for home, auto, or health coverage—knows that the process doesn’t always unfold smoothly. So if you are helping someone who has, or may have, a long term care insurance (LTCI) claim, the first thing to do is contact his or
Read more →Where there are a number of quality life/LTCI plans out there, one that we have been recommending frequently lately is OneAmerica’s Asset-Care product, because it offers unprecedented flexibility in a number of areas. How it works: in return for the premium (typically drawn from an existing asset,
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To help determine if long-term care (LTC) insurance is right for you, we are offering a FREE informational guide. This is a comprehensive booklet that will answer many of your questions about LTC and assist you with your health care planning.