The IRS just released an announcement that the 2017 tax deduction limits for traditional tax-qualified long term care insurance premiums are increasing for tax year 2017. The increase approximates 5% from the 2016 LTC tax deduction limits.
Founded 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.
Nationwide offers a somewhat 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.