Jesse Slome

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  Health-Care Law’s LTC Program Unsustainable, Republicans Say

  By Marlene Y. Satter, AdvisorOne  |  September 15, 2011

  A group of congressional Republicans issued a report on Thursday claiming that a piece of President Barack Obama’s health-care law calling for long-term care insurance, also known as the Community Living Assistance Services and Supports Act, is financially insolvent.

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  Advisors Embrace Asset-Based LTC Insurance

  By Marlene Y. Satter, AdvisorOne  |  August 24, 2011

  Sales of asset-based long-term care insurance policies, those that offer an LTC component attached to a different kind of policy, are growing by leaps and bounds, and they can be easier for advisors to deal with, according to new data from the American Association for Long-Term Care Insurance, released Tuesday.

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  GAO Releases First Study of Long-Term Care Insurance

  By Marlene Y. Satter, AdvisorOne  |  August 10, 2011

  A Government Accounting Office study of long-term care insurance finds that nearly half of government employees who had purchased coverage chose to accept a rate increase rather than accept reduced benefits.

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  As Boomers Retire, New LTC Almanac Could Prove Useful

  By Marlene Y. Satter, AdvisorOne  |  June 8, 2011

  The American Association for Long-Term Care Insurance announced Tuesday that it had released its first Long-Term Care Insurance Almanac and Book of Facts, intended to help insurance and financial professionals address the increasing number of questions raised by prospective clients and professionals who may refer clientele.

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  Small States Lead Rise in LTCI Policies Despite Insurer Cut Backs

  By Danielle Andrus, AdvisorOne  |  April 18, 2011

  AALTCI reported April 14 that 25 states saw in increase in the number of residents who own long-term care insurance, especially among smaller states.

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  Leading Insurers Paid $10.8 Million in Daily LTC Claims

  By Danielle Andrus, AdvisorOne  |  January 31, 2011

  A report released Monday by the American Association for Long-Term Care Insurance found the 10 leading LTCI companies paid $10.8 million in daily claim benefits in 2010.

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  New LTC Insurance Guides Give Tax Deductibility, Regulations

  By Marlene Y. Satter, AdvisorOne  |  January 7, 2011

  Two new guides providing information on the 2011 tax deductibility limits and the regulations governing long-term care insurance (LTCI) have been published and are now available from the American Association for Long-Term Care Insurance.

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  Long-Term Care Insurance: What It Really Costs

  By Marlene Y. Satter, AdvisorOne  |  November 30, 2010

  According to a new report from the American Association for Long-Term Care Insurance, more than a quarter of Americans under age 61 who purchased coverage in the first half of 2010 pay less than $1,000 a year.

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  IRS Raises Deductibility Limits for LTC Insurance

  By Marlene Y. Satter, AdvisorOne  |  November 3, 2010

  The IRS announced Tuesday that the deductibility limits for LTC insurance policies purchased in 2011 will be higher than for those purchased in 2010.

• Insurance Update: Is It Really a CLASS Act?

  By Marlene Y. Satter, AdvisorOne  |  September 1, 2010

  Long-term care (LTC) insurance can be a tough sell to a limited market. Policies are often viewed as expensive thanks to well-publicized "average" costs, particularly...