Long-Term Care Insurance

  • Total Annuity Sales Continued to Decline in 2017
    Total Annuity Sales Continued to Decline in 2017

    Structured annuity sales increase 25 percent in 2017, to $9.2 billion

    In 2017, total annuity sales decreased 8 percent to $203.5 billion compared with 2016, according to LIMRA Secure Retirement Institute’s Fourth Quarter 2017 U.S. Individual Annuity Sales Survey.
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  • How Kentucky’s 1115 Medicaid Work Demonstration Undermines the Program
    How Kentucky’s 1115 Medicaid Work Demonstration Undermines the Program

    Despite evidence on the positive effects of Medicaid coverage on work, the administration’s Medicaid demonstration policy threatens to trigger interruptions or loss of coverage

    by Sara Rosenbaum

    Earlier this month, Kentucky became the first state to gain approval to launch a demonstration that will make employment an eligibility requirement for Medicaid. Kentucky will be conducting what is known as a Section 1115 demonstration, which allows the U.S. Department of Health and Human Services (HHS) and states to test changes to Medicaid and…
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  • Perspectives on Aging, Care and Planning
    Perspectives on Aging, Care and Planning

    Healthcare Insights and Outlooks 2018

    by Erin Shvetzoff

    HDG has identified nine trends in 2018 that will continue to radically transform senior care, including evolving ownership models, value-based payment growth, labor shortages, occupancy and demand fluctuations, regulatory pressures, senior living medicalization, and partnership expansion.
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  • Most Americans Do Not Have LTCi; More Than Half Think It’s Too Expensive
    Most Americans Do Not Have LTCi; More Than Half Think It’s Too Expensive

    Perception of lack of affordability crosses income levels

    Three-quarters of Americans—75%—say they don’t currently have long-term care (LTC) insurance, and more than half (53%) of those who don’t say it’s too expensive.
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  • LTCi At Home: Costs Rise Nationally
    LTCi At Home: Costs Rise Nationally

    And what's happening in California, Alabama, Massachusetts & other states, where costs are moving up fast

    The cost to receive long term care services at home with a home health care aide has increased both nationally and in Alabama, according to Genworth's 14th annual Cost of Care Survey. Home is where most Americans receive long term care.
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  • Combination Products Giving Life Back to Long-Term Care Market
    Combination Products Giving Life Back to Long-Term Care Market

    Stand-alone products fade as consumers view cost, carriers view profitability

    Even though people value long-term care insurance, LIMRA research shows stand-alone individual long-term care insurance sales have declined 60 percent since 2012
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  • Long-Term Care: The Early Conversation
    Long-Term Care: The Early Conversation

     Protection tips that every client should know, including the most important: Talk about it today

    AXA Equitable, a leader in providing financial security and retirement products, released today important tips from nationally recognized gerontologist Dr. Sandra Timmermann to help people complete the retirement puzzle with long-term care protection.
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  • Many Americans Are Not Prepared for Long-Term Care or Caregiving
    Many Americans Are Not Prepared for Long-Term Care or Caregiving

    New Research emphasizes the importance of planning with family members and a financial advisor and offers four tips to get started

    November is Long-Term Care Awareness Month, and a new caregiving study from Lincoln Financial Group finds that 58 percent of people either have personally provided eldercare or know someone who has become an elderly loved one’s caregiver.
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  • The First Step To a Bigger Future? Deciding You Want One
    The First Step To a Bigger Future? Deciding You Want One

    Accounting firm teaches its employees to reflect on what they want their future to look like and to never give up

    To make something happen, you need to want something to happen. Do you know what your "something" is? A new job? Learning a language? Changing a life? Finally starting the longest pay-it-forward line at a Starbucks?
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  • What Should I Look For in Long Term Care Insurance Plans and Providers?
    What Should I Look For in Long Term Care Insurance Plans and Providers?

    Quite often, the language of LTCi presents a challenge to your clients

    Knowing what to look for in long term care insurance plans and providers can be difficult since its language is not as common or as standardized as it is for many other types of insurance plans.
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  • Majority of Americans believe health insurance or Medicare will pay for long-term care
    Majority of Americans believe health insurance or Medicare will pay for long-term care

    Results show need for more education

    More than half of Americans – 55 percent – mistakenly believe health insurance or Medicare will pay for assistance with daily living due to illness or injury for an extended period of time.
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  • A Prime Time to Plan for Long-Term Care Is After Arranging It for Someone Else
    A Prime Time to Plan for Long-Term Care Is After Arranging It for Someone Else

    When you've helped Mom or Dad get care, your knowledge is great and your motivation is high

    Have you been called upon to arrange care for an aging parent or other loved one? If so, "it can be a blessing in disguise"
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  • Caregiving Is Risky Business for Family Caregivers
    Caregiving Is Risky Business for Family Caregivers

    New research from Transamerica Institute finds caregivers risking their health and finances to care for loved ones

    Nine out of 10 non-professional family caregivers feel that it's important to provide a good quality of life for the person they care for, like helping, and enjoy spending time with the care recipient. However, many caregivers are providing care at their own risk.
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