Long-term care insurance can offer significant tax benefits, making it a financially savvy choice for those planning for the future. Premiums paid for qualified long-term care insurance policies ...

The right long-term care insurance policy could offer a lot more than just coverage for nursing home care and home health aides. Getty Images The likelihood that we'll need some form of long-term ...

Felker’s experience reflects what many customers are discovering in a collapsing long-term care insurance market. In the 1980s and 1990s, the industry flourished with promises to finance the ...

Traditionally, long-term care insurance has been purchased as a separate policy, often with steep annual premiums that increase over time and are forfeited if unused.

There are multiple events that can trigger long-term care insurance benefits. An inability to complete two of the six activities of daily living for 90 days or longer or a cognitive impairment ...

Long-term care services in the U.S. cost an average of $60,000 to $100,000 a year. Long-term care insurance can help you cover LTC costs without depleting your savings.

Medicare Advantage plans offering long-term care (LTC) benefits have had limited success, with low coverage and modest benefits. Competition from non-health benefits like food and transportation ...

The best long-term care insurance company is Northwestern Mutual, according to Investopedia’s research. The best companies are financially strong with generous benefits and quality customer service.

The need for long-term care planning is a critical and often overlooked aspect of financial planning. Many individuals, especially those in the accumulation phase, face a significant risk by not ...

Can U.S. military veterans use their Department of Veterans Affairs benefits to help pay for long-term care? The short answer is yes, but as with most government programs, it's complicated. Here… ...

Why Are Long-Term Care Insurance Premiums Increasing? Many policyholders wonder if rising long-term care premiums are tied to their age or likelihood of using benefits. However, that’s not the case.