by Carolyn Olson | Mar 18, 2012 | LTCi Info Articles
Can a long-term care insurance policy pay a relative to care for you? It depends upon the policy. Most long-term care policies are “reimbursement” policies. A “reimbursement” policy will only pay benefits after you’ve received care from a “qualified care provider.”...
by Carolyn Olson | Mar 14, 2012 | LTCi Info Articles
It depends upon the type of the policy you buy. There are two types of long-term care policies that can never have a rate increase: Single-pay long-term care policies and Limited pay long-term care policies with corresponding rate guarantees. Single-pay long-term care...
by Carolyn Olson | Mar 14, 2012 | LTCi Info Articles
Can my long-term care policy be cancelled when I reach a certain age? Can my long-term care policy be cancelled because my health changes? Can my long-term care policy be cancelled if I make too many claims? Can my long-term care policy be cancelled if the insurance...
by Carolyn Olson | Mar 14, 2012 | LTCi Info Articles
N-O-T-H-I-N-G. I know that’s not what the newspapers say. I know that’s not what the headlines on the “news websites” say. But fear sells newspapers and fear increases hits on their websites. Fear (and lies) zoom through cyberspace faster than the truth does. The...
by Carolyn Olson | Feb 26, 2012 | Partnership Qualified Policy
Partnership Qualified Policy = A type of policy that allows you to protect (keep) some of your assets if you apply for Medicaid after using your policies benefits. Not all states have these policies.
