Archive for the ‘long term insurance’ Category

Plan Creates New Program to Pay for Long-Term Care

One provision of the health-care legislation with broad potential impact on Americans isn’t about health insurance. Instead, it would create a new federal long-term care benefit that would pay cash to people who become disabled. Premiums for the program would be automatically deducted from the paychecks of people who work for participating employers, but employees [...]

Tips to Consider Before Buying Long Term Care Insurance

The Center for Retirement Research recently reported that 64% of pre-retirees will be at risk of not having enough money saved to maintain their current lifestyles. That means that 2 in 3 retirees will have to reduce their standard of living in retirement. If no major medical issues arise, it may not be so bad. [...]

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