Long Term Care Blog

How does Medicare address long term care?

| Jack Lenenberg

Medicare ConfusionStudies show that 70 percent of Americans that reach Medicare age of 65 will need long term care at some point in their lives.

This care may be received at home, in assisted living, or within a skilled nursing facility.  The US Department of...

Long Term Care Insurance Tax Deductions for 2015 Released By IRS

| Jack Lenenberg

Tax Deductions Long Term Care Insurance 2015The Internal Revenue Service has just released its annual inflation adjustments and cost of living adjustments for 2015.  The IRS is required by tax laws to adjust the dollar amounts of multitudes of tax provisions each year to account for...

Arthritis and Long Term Care Insurance Underwriting

| Jack Lenenberg

Arthritis Long Term Care Underwriting

Arthritis history, for long term care insurance underwriters, is a diagnosis that must be carefully underwritten.

In recent long term care claims data prepared by the Society of Actuaries arthritis is the leading cause by diagnosis for home...

Long term care costs continue to outpace inflation

| Jack Lenenberg

Should I Buy Long Term Care InsuranceGenworth Financial has released its 2014 Cost of Long Term Care Survey this month and the survey shows the cost of long term care facility services continues to rise at a rate higher than the inflation index creating significant financial planning...

Group challenges gender-based long term care insurance rates

| Jack Lenenberg

Ltc Gender Based RatesA non-profit legal organization has filed suit alleging that the recently instituted practice of private insurance companies charging women higher rates for long term care insurance violates Section 1557 of the Affordable Care Act.

The National...

Heart Disease and Long Term Care Insurance Underwriting

| Jack Lenenberg

Heart Attack Long Term Care InsuranceLong term care insurance underwriting is vastly different from life insurance underwriting or even health insurance underwriting.  We receive many calls from individuals with a prior history of a heart attack,...

John Hancock Leaves California Long Term Care Partnership

| Jack Lenenberg

John HancockThe John Hancock Life Insurance Company announced it will be leaving the California Partnership for Long Term Care Program effective September 16, 2013.

John Hancock stated it will continue to market its non-Partnership policy, Custom Care III in...