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 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 | Jan 23, 2013 | LTCi Info Articles
There are 10 tax-friendly ways to pay long-term care insurance premiums. Depending on your situation, you could save hundreds (possibly thousands) of dollars in income taxes over several years by applying just one of these methods. Caveat: LTCFacts.org is not a tax...