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By Danielle Andrus, AdvisorOne |
March 14, 2013
Insurers paid $6.6 billion in long-term care insurance benefits in 2012, according to the American Association for Long Term Care Insurance.
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By Marlene Y. Satter, AdvisorOne |
March 12, 2013
The IRS has increased the amount of LTC insurance premiums that are deductible for 2013. But the news comes with a caveat.
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By Michael E. Kitces |
November 1, 2012
Although the popular press has widely blamed rising long-term care insurance premiums on "unexpected" claims, the reality is that the rising cost of care has played only a limited role.
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By Marlene Y. Satter, AdvisorOne |
October 23, 2012
The release in late September of a Moody’s Investors Service sector profile of long-term care insurance was filled with doom and gloom.
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By Marlene Y. Satter, AdvisorOne |
September 5, 2012
It’s a common perception that such coverage is for older people who suffer failing faculties due to their age. But a study found that claimants as young as 24 had used their policies, sometimes for years.
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By Warren S. Hersch |
April 27, 2012
The study finds that more than half of male buyers of LTC policies were under age 65. In the prior year’s study, only 48% were under age 65.
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By Marlene Y. Satter, AdvisorOne |
April 23, 2012
Long-term care insurance costs are on the rise. A new study shows just how much some of those claims are worth to the insured.
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By Marlene Y. Satter, AdvisorOne |
March 20, 2012
The American Association for Long-Term Care Insurance has launched a new Career Success Center to attract more producers to the full-time or part-time sales of LTC insurance policies. Access is free.
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By Marlene Y. Satter, AdvisorOne |
March 14, 2012
In its annual analysis of the premium cost for the most popular policies offered by 10 companies, AALTCI found that on average, a 55-year-old single individual who qualifies for preferred health discounts will pay $1,720 for $165,000–$200,000 in current coverage.
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By Marlene Y. Satter, AdvisorOne |
November 28, 2011
The Community Living Assistance Services and Support program, also known as the CLASS Act, was part of the Patient Protection and Affordable Care Act, Obama’s effort at health care reform.