"The long term care insurance industry is barely 30 years old. While some of the early years have been painful, we have accumulated a wealth of information concerning the true nature of the risk we are insuring. Armed with this new knowledge, the way to a bright future is becoming clear. The … [Read more...] about Cause And Effect – The Last Word On LTCi
It’s Never Too Late – The Last Word On LTCi
"Our most persistent curse has been that far too often we have to tell someone we care deeply about that we are unable to help . For whatever reason or rationalization they failed to plan ahead. They waited too long to take action and their health has turned too many corners. They had not yet … [Read more...] about It’s Never Too Late – The Last Word On LTCi
Myth Busters – The Last Word On LTCi
"It is certainly widely accepted that rate increases, particularly the big fat and somewhat unanticipated ones, are bad for all concerned. It should not however be a revelation be that individual health insurance is often subject to the variable and often violent wind storms created by medical … [Read more...] about Myth Busters – The Last Word On LTCi
Ding Dong – The Last Word On LTCi
"'Ding Dong the Wicked (Rate Increase) Witch is Dead!' The Society of Actuaries (SOA) has recently completed a research project designed specifically to evaluate the historical potential for rate increases. The research clearly indicates that products priced today are much less likely to have … [Read more...] about Ding Dong – The Last Word On LTCi
Herding Cats – The Last Word On LTCi
"According to the National Retirement Risk Index: '52 percent of households are ‘at risk’ of not having enough to maintain their living standards in retirement.' When you bombard this fragility with caregiving costs, substantial emotional and financial suffering awaits far too many Americans. None … [Read more...] about Herding Cats – The Last Word On LTCi