2011 Long-Term Care Insurance Price Index Published

Study Finds Comparable Coverage Today Varies By More Than 40 Percent Provided by Duaine Owings Los Angeles, CA – February 7, 2011 -   A 55-year-old couple purchasing long-term care insurance protection can expect to pay $2,350-per-year (combined) for about $338,000 of current benefits ($169,000 each) which will grow to about $800,000 of combined coverage for the couple when they turn age 80. The data comes from...

Tax Advantages Of Having A Long Term Care/Home Health Care Policy

There are a lot of advantages to purchasing long-term care insurance. It helps people remain in their homes as long as possible, ensures parents won’t have to rely on their kids to take care of them, and provides protection for a retirement nest egg. But there’s another important advantage…the potential to save on federal and state income taxes. LTCi Premiums May be Tax Deductible Provided by Duaine...

Is Long Term Care Insurance Worth The Cost?

Provided by Duaine Owings Is long-term care insurance worth the high premiums? There is no objective answer. The answer lies within us; it lies in answering these three questions: Do we want to control how we spend our money in our old age or whom we leave it to? Do we want as much control as possible over how and where we are cared for in our old age? A word on what long-term care insurance is: It is coverage...

Why Pay More For Your Prescription Drugs?

What the FDA and drug companies don’t want you to know is that many of the medications we consume in the U.S. have been researched, developed and manufactured in other countries for quite some time. The FDA is well aware of the safety of these medications since they are required to inspect these plants every two years. “FDA performs over 200 foreign drug manufacturing inspections per year.”...

HOW LTC INSURANCE CAN HELP PROTECT YOUR ASSETS

Create a pool of healthcare dollars that will grow in any market. Provided by Duaine Owings How will you pay for long term care? The sad fact is that most people don’t know the answer to that question. But a solution is available.As baby boomers leave their careers behind, long term care insurance will become very important in their financial strategies. The reasons to get an LTC policy after age 50 are very...