Long Term Care Blog

LifeSecure long term care insurance review

| Jack Lenenberg

Life Secure Logo PngFounded in 2006 as a wholly owned for-profit subsidiary of Blue Cross and Blue Shield of Michigan, LifeSecure Insurance Company focuses on long term care insurance, marketing today only within the group worksite arena. 

Initially, LifeSecure...

New York Life long term care insurance rating and review

| Jack Lenenberg

New York Life Long Term Care InsuranceReview of New York Life long term care insurance NYL Secure Care AARP

NYL Secure Care is the repriced long term care insurance policy underwritten by New York Life introduced April 2016. 

Concurrent with the launch of NYL Secure Care this...

MedAmerica announces exit of long term care insurance arena

| Jack Lenenberg

Med AmericaMedAmerica is withdrawing from the long-term care insurance and the short-term care insurance marketplace effective February 16, 2016.

MedAmerica first entered the long term care insurance marketplace in 1988.  MedAmerica currently provides...

Nationwide Your Life CareMatters Long Term Care Insurance Review

| Jack Lenenberg

Nationwide Ltc Insurance Care MattersNationwide offers a very unique long term care insurance policy in the marketplace.  The Nationwide YourLife CareMatters policy is a hybrid linked-benefit policy that offers you cash indemnity LTC benefits.

Hybrid linked-benefit LTC policies...

2016 Long Term Care Insurance Tax Deductions

| Jack Lenenberg

Ltc Tax Deductions

The end of the year is always a good time to review your financial plans.

Here is a year-end incentive to review your long-term care plans:

Long term care insurance premiums may be tax-deductible for you as a medical expense.

For 2016, the...

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...