Long-Term Care Insurance Harder to Get, More Expensive as Care Costs Rise

General Electric Co ranks among the riskiest backers of long-term care insurance, suffering from both high exposure to claims and a relatively small cash pile to pay them, Fitch Ratings said in a report on Tuesday that sent GE's shares tumbling......»»

GE addressed follow-up questions about its long-term care insurance and Baker Hughes units after a report alleged the company was masking the depths of its financial troubles......»»

Regular dental checkups aren’t just for oral health maintenance. Dentists and hygienists can actually detect diseases and other health concerns just by looking at your mouth and teeth. Most dental insurance plans cover preventative health care like .....»»

CalPERS and.....»»

Some U.S. insurers are turning to Wall Street's financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved......»»

Many people are frightened of long-term care costs — for good reason......»»

Huge premium increases are putting policyholders in a tough bind at a time when they're increasingly vulnerable.....»»

Huge premium increases are putting policyholders in a tough bind at a time when they're increasingly vulnerable.....»»

It’s impossible.....»»

Less than half of Americans think they’ll ever need long-term care (i.e. nursing home, assisted living facili.....»»

Read full story for details......»»

GE’s $6.2 billion hit to income in January to catch up on losses on long-term care insurance contracts highlights the problem accounting standard-setters now say will be solved with some new rules, set to take full effect in 2021......»»

This article was originally published on ETFTrends.com......»»

Buying long-term care insurance makes good sense for some people, but not all. Learn more about it and see if you may need it......»»

Big U.S. life insurers are bracing for elevated payouts to owners of long-term care policies, which cover expenses like assisted living for infirmed and elderly customers......»»

While there are other options available, such as self-insuring, it’s important not to underestimate the substantial cost of long-term care......»»

The cost of long term care continues to rise.....»»

In today’s healthcare environment, employees often avoid seeking primary care due to multiple barriers such as costs, health insurance confusion, inconvenient access to a doctor, and limited time to visit a physician. In fact, 44% of Americans a.....»»

In today’s healthcare environment, employees often avoid seeking primary care due to multiple barriers such as costs, health insurance confusion, inconvenient access to a doctor, and limited time to visit a physician. In fact, 44% of Americans admi.....»»

In today’s healthcare environment, employees often avoid seeking primary care due to multiple barriers such as costs, health insurance confusion, inconvenient access to a doctor, and limited time to visit a physician. In fact, 44% of Ameri.....»»