October 8th, 2013 By Anne Tergesen Just a week before Medicare’s annual enrollment period is set to begin, here’s something for married couples to consider: Just because you were on the same health insurance plan during your working years doesn’t mean you should opt for the same coverage in Medicare. Click Here to read original... ... Read more…
October 7th, 2013 By Phyllis Furman / NEW YORK DAILY NEWS Do you like prix fixe meals at a discounted price? Or do you prefer to pick and choose dishes off the menu, even if it might cost you more? How you answer those questions could help you determine whether a Medicare Advantage plan (Part C) is... Read more…
October 4th, 2013 By Bara Vaida Employers with more than 50 full-time employees (those who work 30 or more hours a week) must offer insurance to workers beginning in 2015 or pay a $2,000 per employee penalty, if any worker gets a coverage subsidy through a state health insurance exchange. Click Here to read original... Read more…
September 30th, 2013 By Amy Norton Worried about how you’ll pay for long-term care in old age? You’re not alone. A new Harris Interactive/HealthDay poll released Monday finds that more than two-thirds of Americans are anxious and uncertain about how they’ll meet nursing home or home care costs should they need them Click Here to read original... Read more…
September 26th, 2013 By Bill Bischoff If you or a loved one turns out to need long-term care, you don’t want to see a big chunk of hard-earned savings go down the drain to pay for it. Long-term care (LTC) insurance can help. As a bonus, qualified LTC policies deliver some tax breaks. Before getting... Read more…
September 26th, 2013 By Orly Avitzur As a neurologist with patients who include those affected by Alzheimer’s disease, Parkinson’s disease, and strokes, I’m all too aware that, like it or not, many of us will need help caring for ourselves someday. And we can’t always predict when that day might come. I worry about my older... Read more…
September 25th, 2013 By Sherri Snelling, Next Avenue Contributor Suze Orman is one of the nation’s best-known, most-trusted personal finance experts. A best-selling author and award-winning TV personality, she’s become a guru for frugality and planning, advising millions to save for retirement, get out of debt and start a healthier relationship with money. Click Here to read the... Read more…
September 24th, 2013 Genworth Financial Inc. Genworth Financial, Inc. announced today that it has begun filing for long term care insurance in force premium rate increases on certain Privileged Choice® and Classic Select® policies sold between 2003 and 2012. The premium rate increases requested will range between six and thirteen percent on more than $800 million... Read more…
September 16th, 2013 By Jason Olivia Fueled by an aging population, the market for elder-care technology products is expected to reach nearly $7.2 billion by 2018, according to a report from BCC Research. National health expenditures in the U.S. totaled has been the rise, with increases in spending attributable to an aging society, note researches in the... Read more…