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 | Aug 6, 2014 | LTCi Info Articles, Uncategorized
North Carolina has a regulation to protect long-term care policyholders from the large rate increases which have occurred on many of the earlier LTCi policies. Long-term care insurance premiums used to be calculated according to the amount of claims the insurer...
by Carolyn Olson | Sep 2, 2013 | Redlands Daily Facts: Long-Term Care Facts Column
Long-Term Care Facts Column: article originally published by the Redlands Daily Facts August 29, 2013: How sick is the long-term care insurance industry? The headlines are bleak: “What’s killing the long-term care insurance industry?” “Costs of Long-Term Care Rise...
by Carolyn Olson | Aug 9, 2013 | Redlands Daily Facts: Long-Term Care Facts Column
Long-Term Care Facts Column: article originally published by the Redlands Daily Facts August 8, 2013: Long-term-care insurance is an emotional subject. I mean, really, who wants to talk about the possibility of needing help with bathing, dressing and toileting?...