Getting Long Term Care

A Personal Take Of Long-Term Care Insurance

Fri, 13 Oct 2006 12:25:22 -0800

WSJ personal finance columnist Terri Cullen reviews the suitability of long-term care insurance to each of her family members. The conclusion, either one is not qualified, or one'd better save and invest instead of paying for insurance premiums for decades before any benefits.

Long Term Care Insurance Mistake To Avoid

Thu, 05 Oct 2006 07:29:32 -0800

Great article. Long term care insurance is not like car insurance, which everyone who drives will need one.

What Determines Long Term Care Insurance Premium

Thu, 05 Oct 2006 06:55:14 -0800

Studies show that most of us are going to need long term care at some point in our lives. Keep in mind that long term care does not necessarily mean care for the rest of your life. Long term care needs can stem from an automobile accident in which your injuries may only be severe enough to require assistance for a few weeks or months, to just plain old age in which case you may need assistance for the rest of your life. Since so many of us are going to need long term care at some point, we have to wonder whether or not we should purchase long term care insurance. It is a daunting decision, given the fact that we spend so much of our lives working and sending payments for so many other kinds of necessary insurance. We buy auto insurance because it is required. We buy life insurance because we do not want to leave our loved ones financially strapped. We buy health insurance because it is just smart. After a while, all of those insurance bills begin to add up. Compared to the costs of other types of insurance the cost of long term care insurance is probably one of the trickiest costs to figure out. Prices vary depending on how old you are, how much long term care insurance you want to purchase, the kinds of options you choose to go along with your long term care insurance policy, and of course the long term care insurance provider you choose to purchase your policy from. Because of these variables, the cost of long term care insurance can vary anywhere from lower than $100 every year to up in the thousands of dollars every year. This kind of widespread price range undoubtedly makes a person wonder whether or not purchasing a long term care insurance policy is really worth the cost – or, even feasible budget-wise.

Medicaid and Long-Term Care

Thu, 05 Oct 2006 06:17:48 -0800

Yes, Medicaid does offer long-term care benefits, but if you have too much money, you will need to rely on yourself.

Who Should Buy Long Term Care Insurance?

Thu, 05 Oct 2006 06:17:48 -0800

Having too much money or too little, and chances are you don't need long term care insurance.

Medicare Does Not Offer Long-Term Care Benefit

Thu, 05 Oct 2006 05:59:15 -0800

Medicare supplement policies are sold by private insurance companies and are offered to fill some of the gaps in Medicare coverage. Hospital deductibles and excess physicians' charges are routinely covered, but these policies do not cover long-term care expenses. Standardized Medicare supplement policies, Plans D, G, I and J, do contain an at-home recovery benefit that may pay up to $1,600 per year but only for short-term, at-home assistance with activities of daily living, for an illness, injury or surgery during a limited recovery period.

Quick Test Of Long-Term Care Insurance Suitability

Thu, 05 Oct 2006 05:59:15 -0800

After reading many literature of long-term care insurance, I found this quick test to be quite effective in determining whether one should acquire long term care insurance coverage.

Long Term Care Insurance: Sales Pitches And Their Catches

Thu, 05 Oct 2006 05:55:42 -0800

Long term care insurance is a big investment into your future, so you should look through the common sales pitches and make sure you get what you want.

How To Choose Long-Term Care Insurance

Thu, 05 Oct 2006 05:55:31 -0800

Very good tips from Consumer Reports that everyone should ready before buying long term care insurance.

Is Long-Term Care Insurance For You?

Wed, 13 Sep 2006 14:42:42 -0800

The poors cannot afford it; the riches don't need it. But for the middle class, think hard before you buy the long-term care insurance.

When Should You Start Buying Long Term Care Insurance?

Wed, 13 Sep 2006 13:55:42 -0800

Figuring out the right age to start getting long-term care insurance is difficult, but as a rule of thumb, you should get one before 60.

Should I Buy Long-Term Care Insurance

Mon, 11 Sep 2006 05:12:32 -0800

In short, long-term care insurance is not for everyone. You should carefully evaluate your risk and objectives before you pull the trigger.

Who Should Pay For Long-Term Care?

Mon, 11 Sep 2006 05:12:30 -0800

If you are above the poverty line, expect to pay most of your long-term care bills.

Defining Long Term Care

Mon, 11 Sep 2006 05:10:17 -0800

The term "long term care" may have been used broadly, but here are some common specific kinds of care included in most policies.