by Carolyn Olson | Aug 6, 2013 | LTCi Info Articles
There are three issues concerning people who are considering long-term care insurance: The underwriting and approval process can be long and difficult Claims may not be paid in the future when care is needed, and Premiums might skyrocket forcing you to drop the...
by Carolyn Olson | Jun 26, 2013 | LTCi Info Articles
Myth #1 Most long-term care insurance claims are for nursing home care When the long-term care insurance began in the mid-1960’s, most policies only covered the cost of nursing homes. It wasn’t until the early 1990’s that insurers began including riders that covered...
by Carolyn Olson | May 9, 2013 | Redlands Daily Facts: Long-Term Care Facts Column
Long-Term Care Facts Column: article originally published by the Redlands Daily Facts May 9, 2013: In my last column, I addressed recent articles published on a several well-known news websites have been riddled with half-truths and misleading information. In an...
by Carolyn Olson | Mar 7, 2013 | Redlands Daily Facts: Long-Term Care Facts Column
Some of the leading long-term care insurance companies have recently announced that they will soon offer policies that have different rates for men and women. Gender-based pricing for insurance is not new. Most insurance policies have premiums that are based upon...
by Carolyn Olson | Mar 6, 2013 | LTCi Info Articles
Genworth Life Insurance Company announced today that they have suspended sales of all individual LTC products in California. Specifically, California Choice and Choice Partnership will no longer be available after March 21, 2013 pending the necessary state approvals...
by Carolyn Olson | Feb 21, 2013 | Redlands Daily Facts: Long-Term Care Facts Column
Long-Term Care Facts Column: article originally published by the Redlands Daily Facts February 21, 2013: My last column explained the government’s role in providing long-term care. As a general guideline, if your household income is less than $50,000 per year and your...