Monday, April 27, 2009
Long Term Care Alerting Methods Revealed by Industry Leaders
Consumers and professionals with an interest in long term care insurance need no longer dig so hard for information. Now they can do as the pros do: have the information come to them, in bits and pieces as it develops.... (Send2Press Newswire)
Labels: Google Alerts, Jonas Roeser, long term care insurance, long term care insurance guild
Sunday, April 26, 2009
Long-term care insurance legislation introduced
Representatives Ginny Brown-Waite (R-FL), Earl Pomeroy (D-ND), Charles Boustany (R-LA), and Allyson Schwartz (D-PA) on April 24 introduced legislation to expand access to long-term care insurance and strengthen consumer protections of these insurance products. The Long-Term Care Affordability and Security Act of 2009 would permit long-term care insurance to be included in employer-sponsored cafeteria plans and flexible spending accounts, enabling people to pay long-term care insurance premiums using pre-tax dollars..... (Citrus Daily)
Labels: legislation, long term care insurance
Thursday, April 23, 2009
Washington State Long Term Care Insurance Executive Wins Coveted Judging Position
Jonas Roeser, Senior Vice President of Marketing and Operations of LTC Financial Partners, LLC (LTCFP), has been chosen to be a judge in round 1 of the 2009 International DMA ECHO Awards.... (PR Newswire)
Labels: DMA ECHO Awards, Jonas Roeser, long term care insurance
Sunday, April 05, 2009
Long-term health care costs can put retirees’ plans at risk
The high cost of long-term health care will drag down the quality of life for nearly two-thirds of today’s retirees. It can cost $77,000 a year for a nursing home room and $20,000 for in-home care, expenses that many people are ill-prepared to absorb, said the Center for Retirement Research at Boston College. A new analysis shows that when the cost of health care and long-term care is included, 64 percent of retirees likely will be unable to maintain the lifestyle they had before retirement.... (David Pitt, Associated Press)
Labels: cost, lifestyle, long term care insurance, long term health care
Sunday, March 22, 2009
'Medicaid Planning' Is the Wrong Call
Q: "My sister says our family should begin elaborate 'Medicaid planning' to shelter our elderly parents' assets and make them look poor enough to qualify for government-paid nursing-home assistance, even though they're in good health today. I think this is unethical. What do you think?" See Knight Kiplinger's answer.... (Kiplinger's Personal Finance, in The Washington Post)
Labels: Kiplinger's, long term care insurance, Medicaid, Medicaid planning, partnership LTC insurance
Wednesday, March 18, 2009
Preserving Your Retirement Assets
In reality, by not allocating funds for long-term care insurance you are placing at risk everything that you have worked for. That includes your retirement account, home equity, savings and investments. (CourierPostOnline)
Labels: financial planning, investment, long term care insurance, retirement account, savings
Retirement Investing: The End Game
If you're approaching retirement, finding safety for your investments -- especially in this environment -- isn't as easy as locking your money away. (MSNBC)
Labels: financial safety, long term care insurance, retirement
Tuesday, March 17, 2009
Moneywise: Taxes and long-term care plans
The weak economy is prompting many to look at their financial-stability buffers. Several readers have inquired about how to make informed purchases of long-term care (LTC) insurance.... (DailyBreeze)
Labels: financial stability, long term care insurance, long term care planning, taxes
Monday, March 16, 2009
No Bailout Needed: Long Term Care Insurance Leader Declares Dividend, Plans Strong 2009 Growth
In a development that should draw smiles from President Obama, this month LTC Financial Partners LLC (LTCFP), one of the nation's most experienced long term care insurance agencies, will pay its shareholders $1,228,820 in dividends, an increase of 10-percent per share over last year. (InsuranceNewsnet)
Labels: dividends, long term care insurance, LTC Financial Partners
Long-Term Care Out-of-Pocket Costs Higher Than Reported
The costs of long-term care continue to increase, with many families footing the bill by reaching into home equity, retirement savings and personal finances to a greater extent than previously thought, according to a recent study ....
(Senior-Spectrum)
(Senior-Spectrum)
Labels: long term care insurance, personal finances
Thursday, March 12, 2009
John Hancock Introduces New Needs-Based Tools for Long-Term Care (LTC) Insurance Marketing
John Hancock is launching a set of needs-based marketing and prospecting tools to help financial representatives reach out to consumers and grow their long-term care insurance business. Included are new brochures, new direct mail tools such as letters and postcards, as well as seminar materials. (PRNewswire)
Labels: financial representatives, John Hancock, long term care insurance
Health and Fitness Tops Consumers' List of Worries, According to Northwestern Mutual Charitable Campaign
When Northwestern Mutual asked people to let their worries go as part of an engaging interactive website, more than 42,000 visitors to the site chose Health & Fitness as their top concern. Based on these votes, the Northwestern Mutual Foundation has decided to contribute $400,000 to Activate America(R), the YMCA's response to the nation's health crisis ... Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, and other products. (PRNewswire)
Labels: fitness, health, long term care insurance, Northwestern Mutual
Wednesday, March 11, 2009
4 Ways to Cover the Cost of Long-Term Care
Out of your pocket, Medicaid, long-term care insurance, and a reverse mortgage. Which is right for you?. (U.S.News & World Report)
Labels: long term care insurance, Medicaid, reverse mortgage
7 Tips for Buying Long-Term Care Insurance
LTC policies are complicated, and timing is tricky. But they may be a sound purchase for some people, consumer advocates say. Seven key factors should be taken into account. (U.S.News & World Repor)
Labels: consumer advocates, long term care insurance
Monday, March 09, 2009
Industry Leaders Applaud Formation of Long Term Care Insurance Guild
As the need for long term care insurance grows, agents and allied professionals face the challenge of reaching prospective clients efficiently and with a high level of professionalism. And the public faces the challenge of finding qualified agents in their geographic area. A new organization will aid the pros as well as the public: the Long Term Care Insurance Guild, or LTC Guild for short. (Insurance NewsNet)
Labels: long term care insurance, long term care insurance guild, LTC Guild
Will Health Reform Include Long-Term Care?
Long-term care financing is the 800-pound gorilla of social problems waiting just around the next bend in public policy.... Will Health Reform Include Long-Term Care? In a word: No. (Gerson Lehrman Group)
Labels: health reform, long term care, long term care insurance, public policy
Study debunks long-term care Medicaid 'myth,' researchers say
More individuals are willing to pay privately for long-term care services than previously thought, authors of a new study assert. (McKnights)
Labels: long term care insurance, Medicaid
Sunday, March 08, 2009
Study Reveals Benefits of Starting Long-Term Care Planning Prior To Retirement
A study of over 250,000 individuals who purchased long-term care insurance last year reveals the significant benefit of starting the planning process in your 50s, prior to reaching retirement age. The research was conducted by the American Association for Long-Term Care Insurance (AALTCI). (BigNews)
Labels: AALTCI, long term care insurance, retirement
Nursing home costs force choice between welfare and impoverishment
Suppose you are living the American Dream: you own a house and you have saved enough for a comfortable retirement. You have children and your children have children. Then a bad thing happens ... (Daily News Tribune, Waltham, MA)
Labels: impoverishment, long term care insurance, welfare
Customizing Policies Can Cut Down Insurance Costs
"Purchases of long-term care insurance and life insurance are often driven by emotion, and that's not smart," says Frank Boucher, a certified financial planner at Boucher Financial Planning Services in Reston, Va. "It's really important to understand all of the provisions of ... policies and balance them against ... expected needs." (TheDay)
Labels: financial planning, long term care insurance
Friday, March 06, 2009
Senate Aging Committee Considers Long Term Care as Part of Health Reform
On wednesday, March 4, the U.S. Senate Special Committee on Aging Chairman Herb Kohl (D-WI) held a hearing to call for the inclusion of improvements to long-term care services and supports as part of emerging blueprints for national health reform. Testimony was offered by a member of the Obama administration. (NBC26 Green Bay)
Labels: health reform, Herb Kohl, long term care insurance, Obama, Senate Special Committee on Aging
American Nurses Association Says, "Don't wait! Plan now for your long-term care needs."
The American Nurses Association has a plan to protect members' hard-earned assets from the high cost of long-term care with affordable group rates for Long-Term Care Insurance. (ANA SMARTBRIEF)
Labels: American Nurses Association, long term care insurance
Thursday, March 05, 2009
Almost 30% of Long-Term Care is Financed Out-of-Pocket, Report Finds
A new analysis by Avalere Health found that nearly 30% of long-term care costs are paid out-of-pocket -- a full 10% higher than amounts reported in widely used previous estimates. (PRNewswire)
Labels: Avalere Health, cost, long term care insurance
Wednesday, March 04, 2009
Health Reform Expecially Critical in an Aging America
Judy Feder, Fellow of the Center for American Progress Action Fund, testifies before the Senate Special Committee on Aging. (CAPAF)
Labels: aging, long term care insurance
Long-Term Care Insurance has Tax Benefits for Business Owners and Executives
"Most owners or executives can use company dollars for a tax-deductible plan for themselves, their spouse, and dependents," says Dane Petchul, Partner with LTC Financial Partners LLC (LTCFP). (BigNews.biz)
Labels: business owners, executives, long term care insurance, LTC Financial Partners, tax-deduction
LTC Global and SDMS Announce Long Term Care Insurance Marketing Initiative
Today LTC Global, Inc. and the Society of Diagnostic Medical Sonography announced that they have agreed to a joint program to market discounted Long Term Care insurance coverage to the Society’s 20,000-plus members and their extended families. (BusinessWire)
Labels: long term care insurance, LTC Global
Monday, March 02, 2009
A Crucial Difference Between Insurance and Investments
While faith in financial instututions may be eroding, insurance products offer special protections that should inspire confidence. (Littleton Independent)
Labels: confidence, investments, long term care insurance
Long Term Care Insurance Neglected By Too Many
Remaining healthy in the later years is something we'd like to take for granted. However, one of two people eventually needs some kind of long-term health care. (Long Island Business News)
Labels: long term care insurance, staying healthy
LTC Global Acquires William L. McAree Insurance Agency
Today LTC Global, Inc. announced that it has completed the acquisition of William L. McAree Insurance Agency, Inc. (the McAree Agency), a privately held life and health insurance agency based in Braintree, Massachusetts. (Business Wire)
Labels: acquisition, long term care insurance
Sunday, March 01, 2009
Younger Americans Attracted to Long Term Care Insurance
According to the American Association for Long-Term Care Insurance (AALTCI), the average age of LTCi buyers continues to move downward. (InvestmentNews)
Labels: AALTCI, age, long term care insurance
Saturday, February 28, 2009
How to Lower Long Term Care Insurance and Auto Insurance Costs
Now available from the Federal Citizen Information Center, "A Guide to Long-term Care Insurance and Nine Ways to Lower Your Auto Insurance Costs." (Kansas City InfoZine)
Labels: Federal Citizen Information Center, long term care insurance
Friday, February 27, 2009
In Spite of Market Turmoil, Northwestern Mutual Maintains High Dividend Payout
Today Northwestern Mutual announced its 2008 finanancial results, including more than $4.5 million in 2009 dividend payments to policyholders. (PRNewswire)
Labels: long term care insurance, Northwestern Mutual
Thursday, February 26, 2009
Former Genworth and GE Long Term Care Insurance Leader Brings Unique Sales Expertise to LTC Financial Partners
In His New Role, Tom Bartosic Plans to Recruit and Manage a "World Class Team" to Meet the Growing Needs of the Nation. (Insurance Newsnet)
Labels: General Electric, Genworth, long term care insurance, Tom Bartosic
Tuesday, February 24, 2009
Tips to consider when buying long term care coverage
Is is worth the cost in your situation? This is just one of many questions and considerations, according to the author of "The Savvy Senior." (BradentonHerald.com)
Labels: long term care insurance, tips
Business Owners & Executives: Special Long Term Care Insurance Tax Benefits Often Overlooked
There's welcome Relief for the Hard-Pressed Business Sector. Owners and executives can often insure themselves for less, thanks to favorable tax legislation. They can secure benefits for employees too. (PRNewswire)
Labels: General Electric, Genworth, long term care insurance, LTC Financial Partners, Tom Bartosic
Monday, February 23, 2009
Consumers Beware: Long Term Care Can Be Pricey
The cost of long term care is not going down. Long term care insurance can help, but a policy must have enough coverage. (WRDW-Augusta)
Labels: consumers, cost, long term care insurance
Wednesday, February 18, 2009
Location Matters When Paying for Long Term Care Services
The cost of home health care, assisted living, and nursing home care varies widlely by region, addording to research findings from Northwestern Mutual. (PRNewswire)
Labels: assisted living, home health care, long term care insurance, Northwestern Mutual, nursing home care
Thursday, February 12, 2009
Information on Tax-Deductible Long Term Care Insurance Now Available Through Your Tax Advisor, Thanks to LTC Financial Partners
Tax time is a good time to ask your accountant about long term care insurance. Why?. (Yahoo! Finance)
Labels: accountant, long term care insurance, LTC Financial Partners, tax, tax deductions, taxes
Tuesday, February 10, 2009
Following Losses on Retirement Products and Mortgage Guarantees, Genworth Plans to Focus on Life and Long Term Care Coverage
GE spinoff Genworth Financial Inc. says it will redirect resources to areas of its strength, life insurance and long term care. (Bloomberg)
Labels: Genworth, long term care insurance
