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 ...
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 ...
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 ...
Henrico County-based Genworth Financial thinks it's found a way to help people finance long-term care that will avoid the regular doubleand triple-digit premium rate increases for policies that ...
“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 ...
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 ...
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 ...
Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...
Bankers Life in Farmington. The company maintains long-term care insurance policies through Connecticut's state partnership plan. Credit: Shahrzad Rasekh / CT Mirror Last week, senators intent on ...