Pennsylvania’s Insurance Department will hold a public hearing Thursday prompted by recent consumer backlash to long-term care rate increases, reports Pittsburgh Post-Gazette. The state insurance ...
Genworth Financial, which has an office in Stamford, is one of the largest providers of long-term care insurance in the U.S. Credit: Shahrzad Rasekh / CT Mirror For more coverage of the long-term care ...
“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...
As we age, the cost of medical care, assisted living or nursing home stays can become a significant financial burden. Planning ahead is essential to ensure that you or your loved ones aren’t ...
Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
In January, just weeks into the legislative session, key lawmakers — frustrated with soaring rate increases on long-term care insurance plans — pledged urgent reform to bring relief to Connecticut’s ...