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Maryland's premier Long-Term Care insurance agency

long term care insurance

Aud Lang Syne - Planning ahead for LTC Makes Sense

We sing this – about “the olden days” – on New Years’ Eve.

However, in the world of long term care planning, honestly, there’s not too much to reminisce about. The more things change, the more they stay the same.

Here’s the way I see it.

Old people need care. Sometimes extensive care (not to mention expensive care).

Unfortunately, either through denial or ignorance, few want to admit to this fact. They also don’t want to pay for the care…especially not in advance.

So, as the saying goes, Houston, we have a problem!

Youngish Term Care Claims

The prevailing wisdom is that long term care insurance claims don’t happen until well after traditional retirement age. Say, age 80+, or even 90+ if you’re lucky. And that’s true— usually. But let’s consider the exceptions. Imagine you’re 45, 55, or 65, and you just bought a long term care insurance policy.

Long Term Care Insurance – What It’s NOT

I find that the greater a person’s understanding is about exactly what long term care insurance can and cannot do, the more likely they are to clearly see its benefits.

Long term care (LTC) insurance pays a monetary amount for covered care when the insured either needs assistance with defined activities of daily living and/or has met the policy’s definition of cognitive impairment.

Opinions and Facts: Long Term Care Insurance

If there’s a silver lining to the pandemic we’re all living through, it’s the spotlight on long term care. Families with loved ones in senior care homes, whether assisted living units, nursing homes, or other facilities, were confronted right from the start with difficulties previously not considered.

The Definitive Annual Survey on Long Term Care Insurance

Large File FoldersOnce a year I report highlights from the annual “Milliman Long Term Care Insurance Survey”—and right on schedule, the latest survey has just been published in the July 2021

Long Term Care Planning With a Holiday Focus

 

"Summer" Written Out in Scrabble Tiles in the SandPerhaps because this year our summer holidays have coincided with a marked reduction in the number of pandemic cases and deaths, those special days now seem more celebratory than ever:  

Mother’s Day

Memorial Day

How to Make the Very Difficult Easier

Woman having difficulty on the phoneThere’s a reason why most purchasers of long term care insurance are individuals who’ve gone through a caregiving experience.

Long Term Care Planning News

In addition to keeping on top of developments in long term care insurance, an insurance agent must keep abreast of care options. After all, most people who engage in long term care planning have at least some kind of care in mind when they consider long term care insurance.

Spring Cleaning and Your Long Term Care Plan

The birds are chirping and spring is in the air. Time for a deep clean, and let the sun shine in!

Management and Risk in Your Long Term Care Planning

Whether we’re discussing retirement planning, long term care providers, or life in general, management matters—and so does risk. Let’s consider a caregiving organization. 

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