by Brandon
1. September 2009 07:14
The PBS Show Second Opinion recently had a panel discussion amongst doctors (the format of the show) about two different Alzheimer's cases. Read The Transcript Here (New Window)
The time to prepare for the future is at the earliest stage of a disease when the patient, the family and the healthcare team can plan together.
The show follows the story of two different individuals and their families through the oddesy of long term care of an Alzheimer's patient. One man who was taking care of his wife stated this:
"Well, one of the first things is to early on in their life, even before there's any indication, if it's in the family, get a long-term care policy - insurance."
This is coming from someone who is living with this issue. It is a great show about Alzheimer's disease and about planning for long term care in general. To get a quote on long term care insurance policies from all of the major carriers like Genworth, John Hancock, Met Life, Mutual of Omaha, Prudential and others, visit our Long Term Care Insurance Quote Form.
by Brandon
27. August 2009 04:53
Bill Bischoff of SmartMoney has written an excellent article on the tax advantages of Long Term Care Insurance . Read It Here (New Window)
Qualified long term care insurance policies are eligible for federal income tax breaks.
This article give a brief overview of long term care insurance policies in general and then explains:
"Benefits received under a qualified long-term-care policy are generally federal-income-tax-free (and usually state-income-tax-free, too) because they are considered insurance reimbursements for medical expenses."
Remember, to be eligible, the long term care insurance policy you purchase must be a qualified plan. To get a quote on qualified plans from all of the major carriers like Genworth, John Hancock, Met Life, Mutual of Omaha, Prudential and others, visit our Long Term Care Insurance Quote Form.
by Brandon
18. August 2009 07:02
Susan Silk of the Martha Vineyard's Times has written an excellent article on Baby Boomers and Long Term Care Insurance . Read It Here (New Window)
For Most Baby Boomers, Long Term Care Insurance Is An Option .
Susan's article focuses mainly on individuals and their personal stories. The first thing that caught my attention was this sentence from that story:
"According to U.S government data, this year 9 million American men and women over the age of 65 will need long-term care."
It then goes on to tell how long-term care insurance may not be right for everybody, but it is very useful for most. What I really enjoyed was the real world examples of people that had ltc policies and were spared a lot of trouble by having them.