The 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...
Genworth Financial, the nation's leading underwriter of long term care insurance, has announced several benefits and pricing changes that will be taking place with the launch of its new long term care insurance product PC Flex 3 on July 21, 2014.
Genworth 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...
A 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.
Long 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,...
The John Hancock Life Insurance Company announced it will be leaving the California Partnership for Long Term Care Program effective September 16, 2013. John Hancock long term care insurance policies in California will no longer provide asset...