by Carolyn Olson | Apr 10, 2015 | LTCi Info Articles
Future Long Term Care Insurance Claims of Policyholders Come Before Stockholder Profits Genworth Financial (the holding company of Genworth Life Ins. Co.) reported an $844 million dollar loss in the 3rd quarter of 2014 and a $760 million dollar loss in the 4th quarter...
by Carolyn Olson | Apr 3, 2015 | LTCi Info Articles
In the old days, in order for the government pay for someone’s long-term care expenses, the person would have to spend down their assets to the “poverty level”–about $3,000 in most states. Since 2005, and the passage of the Deficit Reduction Act, most states are...
by Carolyn Olson | Apr 2, 2015 | LTCi Info Articles
Conduct a simple Internet search on long-term-care insurance and the results are baffling. Add the words buy or quote, and it gets even more complex. For an insurance product that already has mystery surrounding it, the sheer amount of information yielded by an...
by Carolyn Olson | Mar 23, 2015 | Rate Increases
*State Farm Mutual Automobile Insurance Company (NAIC#25178) SOURCE: Long-Term Care Rate Guide Data Call
by Carolyn Olson | Mar 22, 2015 | Rate Increases
*Massachusetts Mutual Life Insurance Company (NAIC#65935) SOURCE: Long-Term Care Rate Guide Data Call