Results for "long-term care"

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Genworth launches another hybrid annuity

March 30, 2010

Genworth Financial Inc. yesterday released its Total Living Coverage Annuity, a hybrid product that combines long-term-care coverage with an annuity. This product pairs up a single-premium, non-qualified deferred annuity with a long-term-care...

B-Ds reluctant to OK exchanges into LTC

March 28, 2010

Financial advisers had hoped to begin this year with new momentum — the ability to swap clients out of existing annuities or insurance in exchange for long-term-care coverage — but broker-dealers have hit the brakes, citing problems with...

Retirees facing minimum $200K bill for lifetime care

March 2, 2010

Unexpected spikes in health care expenses can dramatically ramp up the cost of lifetime care for retirees. A news study conducted by the Center for Retirement Research at Boston College found that a couple who are both aged 65 — and who are...

Obama wants to apply Medicare tax to investment income

February 22, 2010

President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households. The health care proposal released today by the White House would extend the existing 2.9% Medicare tax to unearned...

Consumer-driven care falls flat

January 29, 2007

WASHINGTON — Americans with consumer-driven health plans are less satisfied with their health care than those with more-comprehensive coverage, according to a study released last month by the Employee Benefit Research Institute and The Commonwealth...

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