If you’re nearing retirement, planning for long-term care becomes more important with each passing day. Growing demand is driving up the price of policies and diminishing the benefits. To ease your worries about affording care later in life, you’ll want to take the...
According to a 2017 report by Genworth, a staggering 70% of Americans aged 65 years or older will require some form of long-term care. This is a worrying statistic when you consider the rising cost of long-term care facilities. Currently, a private room in a long-term...
The ‘Doughnut Hole’ in Medicare’s prescription drug coverage will close a year earlier than expected due to a new Budget Act signed by President Trump last fortnight. The deal will bring much-needed relief to Medicare beneficiaries who pay high out-of-pocket costs for...
So, you’ve lost your job. Whether your company closed shop, your employer dismissed you, or your job was terminated early, you’ve either lost or are about to lose your job-based health insurance. For those with medical conditions that are currently being treated, this...
Whether it’s a car accident, a root canal or an emergency operation, insurance is a valuable asset to have. Not only can it save you from financial burden, but the care involved is often much better than what you would receive without insurance. Insurance also acts as...
If you or someone you love is in need of long-term care, it might be time to consider long-term care health insurance. Although more expensive than other healthcare plans, the daily assistance and community that comes with long-term care can significantly increase our...
