Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...
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 ...
“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 ...
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 ...
According to the American Association for Long-Term Care Insurance, your chances of being denied long-term care insurance ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, as the population ages, the price of long-term care won't be the ...
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 ...
As more and more of the 70 million baby boomers require long-term care, the dearth of insurance providers and the shrinking number of care workers are shaping up to create a major challenge, says ...
The price hikes began in 2007, modest at first, then exploding in size. By last summer, the long-term care insurance plan Steve Krasinski paid $750 a year for in 1994 had ballooned to $6,400. And that ...
Editor’s note: For more coverage of the long-term care insurance industry, please click here. Key lawmakers this week said there is an urgent need to reform long-term care insurance for Connecticut ...
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 ...