Enter long-term care insurance, which helps cover the costs of extended medical care whether at you’re home, or in a nursing ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

Long-term care insurance provides certainty that home health care and nursing home services will be available when and if they are needed. As a bonus, the IRS allows some nice tax breaks for qualified ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, as the population ages, the price of long-term care won't be the ...

One man in Connecticut, a former insurance executive himself, is taking on a multi-billion-dollar portion of the insurance industry. His own long-term care policy premium has gone up nearly 300% from ...

Will you need long-term care someday? The odds say yes — about 70% of people over the age of 65 will need to access some form of long-term care in the future, according to statistics from the ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Even people who have well-developed investment plans have seen these fail for reasons that have nothing to do with the investments themselves. For instance, someone’s plans could fall through because ...

Four reporters were awarded for their investigation into skyrocketing long-term care insurance policy rate hikes in ...