TITLE

Breathing Life Into Long-Term Care

AUTHOR(S)
Schmidt, Channing
PUB. DATE
November 2011
SOURCE
Best's Review;Nov2011, Vol. 112 Issue 7, p82
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses aspects of sales of life insurance in long-term care sector. He states that demand for insurance coverage for long-term care costs in increasing due to growing life expectancies and health care costs. He explains that long-term care coverage options are usually developed as a rider of a permanent life insurance plan, allowing clients to get a death-benefit, log-term-care benefits or both.
ACCESSION #
67005081

 

Related Articles

  • LTCI disconnect. Shepherd, Leah Carlson // Employee Benefit News;Jan2006, Vol. 20 Issue 1, p32 

    This article discusses the growing concern of U.S. citizens on price increases in long-term care and the cost of insurance that covers it. A statement was given by Sandra Timmerman, a gerontologist and director of the MetLife Mature Market Institute, about issue. A survey on the cost of...

  • Long-term-care costs keep going up, will eat into retirees' savings.  // H&HN: Hospitals & Health Networks;Aug2008, Vol. 82 Issue 8, p54 

    The article reports on the trend in long-term-care costs in the U.S. According to analysts at Fidelity Investments, approximately 50 million U.S. citizens will be over the age of 65 in just 10 years. More than half of these individuals will require at least one year of long-term care, and 20%...

  • A New Response. Laudato, Tony // Best's Review;Sep2014, Vol. 115 Issue 5, p26 

    The article focuses on the response of the life insurance industry to the rise in long-term care costs and declining sales of stand-alone long-term insurance policies since the mid-2000s. It states that the insurance industry offers life insurance/long-term care hybrid products, chronic illness...

  • Talking About Long-Term Care Is a Discussion Worth Having. Stock, Howard // American Banker;2/8/2010, Vol. 175 Issue 20, p4 

    The article discusses the importance of discussing the purchase of life insurance linked hybrid long term care insurance before the age of 65. A discussion of the factors that limit a person's ability to qualify for long term care insurance, which can be used after the age of 65 to help pay for...

  • ACLI Studies Focus Attention on Baby Boomers' Long-Term Care Needs.  // Association Management;Oct2000, Vol. 52 Issue 10, p26 

    Focuses on the studies conducted by the American Council of Life Insurers on the long-term care needs of the baby boom generation in the United States (U.S.). Explanations on the country's long-term care funding crisis; Benefits of the widespread purchase of private long-term care insurance;...

  • A New Medicaid Program. Etheredge, Lynn; Moore, Judith // Health Affairs;Jul/Aug2003 Supplement, pW3-426 

    This paper suggests a new federal-state partnership-a new Medicaid program-for coverage of the uninsured and long-term care. It discusses national eligibility standards, based on financial need (rather than categorical eligibility); buy-ins and reinsurance for high-risk populations; a national...

  • Long-Term Care Financing: Options for the Future. Mulvey, Janemarie; Annelise Li // Benefits Quarterly;2002 Second Quarter, Vol. 18 Issue 2, p7 

    The aging of the baby boomers will have an enormous impact on the future of long-term care costs. This article projects the magnitude of that impact, discusses sources of financing, and considers the cost and feasibility of three options for financing future long-term care services. The authors...

  • Health Care / LTC.  // Retirement Advisor;Nov2014, Vol. 15 Issue 11, p16 

    The article offers information on topics related to long-term care (LTC) in U.S. Topics include statistics about military families who face growing elder care costs, mistakes that should be avoided when shopping for LTC insurance (LTCI), and the findings of a survey of people who were diagnosed...

  • Elder Law Planning. Mandel, George // CPA Journal;Sep2005, Vol. 75 Issue 9, p46 

    Focuses on the New York State Partnership for Long Term Care designed to manage the increasing cost of the state's share of Medicaid which was established by the state Congress in September 1997. Information on the long term care insurance policy of the Partnership; Qualifying tests required...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics