Since the 1960s long-term care insurance is an option that allows people to be prepared for the future if they come to need nursing care. If they die without needing that care, the insurance company keeps the paid premiums. Policyholders…
In the new year, taking stock of your life and your health care is more important than ever. We identify what matters most in preserving our health and financial future in the face of the ever-present threat of COVID-19. For…
In spite of the fact that it is an uncomfortable experience to have an open and honest discussion with your family members about your mortality, it is wise to do so. Although it is never pleasant to think about dying,…
A recent study conducted by Genworth cites that around 70 percent of retired Americans will need some type of long-term care (LTC) by 2020, with costs ranging from $53,768 to $105,850 per year, according to the US Department of Health…
When it comes to benefits, what are military veterans permitted to use? Does the Department of Veterans Affairs benefits help cover the cost of long-term care? Well, the answer is, as with most governmental things, complicated. A much-underused pension benefit…