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Caregiving Can Hurt Employee Health — and Increase Employer Costs

September 13th, 2013 By Stacy Lu Debbi Heffern was too busy caregiving to go for that colonoscopy. A dietitian and lactation consultant in St. Louis, Missouri, Heffern had been a caregiver for decades; first, for her mother, who died of cancer; and then for her mother-in-law. To read original article please Click Here
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5 reasons to buy long-term care insurance now

September 11th, 2013 By Anisha Sekar Some decisions can be put off until just before retirement, when you’re in your mid-60s. How you pay for long-term care is not one them. Even if you’re running marathons at 55, you should have The Talk with your family and your lawyer before it’s too late. Here are five... Read ...
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The Cost of Long-Term Care

September 4th, 2013 Donna Fuscaldo Dealing with a sick parent is emotionally draining, but it can also be financially devastating for adult children making health-care decisions. Whether children choose to put a parent in a nursing home, hire in-home professionals or go it alone, there are host of financial and emotional factors to consider. To... Read more »
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The Wild Card That Could Destroy Your Retirement

August 20th, 2013 Frank Armstrong III, Contributor Could you withstand a half million dollar or more hit to your retirement savings? Even for many one percenters that could be the difference between a comfortable retirement and destitution. Yet, the odds that you may someday get this hit are uncomfortably high. To read original article please Click Here
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What’s Keeping You Up at Night: Affording Medical Bills

By Gail Buckner Published August 12, 2013 FOXBusiness Imagine that you are steadily climbing the ladder in your career, have a great family life with two well-adjusted teenagers, and a beautiful home. The future could not look brighter. Then…bam! Out of the blue you suffer a stroke. Or are diagnosed with cancer. The doctors happily assure... Read more…

Is critical-illness insurance worth the money?

By: Elizabeth O’Brien August 8th, 2013 Now, more employers are offering a product called critical-illness insurance that’s designed to fill some coverage gaps for people with certain costly ailments. But is such insurance the right financial solution for boomers? Health-care costs have risen faster than inflation, and to cope employers have been requiring workers to... Read more…

As Resident Demographic Shifts, Assisted Living Adapts to Change

By: Alyssa Gerace for ALFA Update As the assisted living resident demographic changes toward higher age and acuity, senior living providers are shifting care models with a clinical focus to accommodate emerging needs. A majority of assisted living residents are female, 85 or older, and need help with at least one activity of daily living... Read more…

Genworth conducting ‘deep review’ of LTCI business

BY ALLISON BELL JULY 31, 2013 Genworth Financial Inc. needs to improve the way it manages its long-term care insurance (LTCI) business, according to Thomas McInerney, the company’s president. “We’re conducting an intense, very broad and deep review of all aspects of our [long-term care] insurance business,” McInerney said during the company’s second-quarter earnings call. To... Read more…

Planning for long-term care can have a big payout

By: Bertha Coombs | CNBC Reporter Published: Thursday, 1 Aug 2013 | 11:43 AM ET Phyllis Douglis was already 70 when she bought long-term care insurance. Diagnosed with rheumatoid arthritis, the retired New Jersey teacher found just one plan with a lifetime cap of $100,000. “The only thing I could get was limited, because of my... Read more…