Results for "long-term care"
Displaying 131 results
November 5, 2010
Moody's Investors Service late yesterday downgraded John Hancock Life Insurance Co. (USA)'s insurance financial strength ratings, citing problems in the carrier's long-term-care insurance business. The rating agency trimmed the ratings on John...
September 30, 2010
State insurance regulators are not likely to approve John Hancock's recently announced long-term-care rate hikes, denting third-quarter profits for the insurer's parent company, Manulife Financial Corp., according to analysts. “When investors...
September 21, 2010
The costs of long-term-care continue to rise, although at a slower pace than before the economic slowdown as nursing homes and home health care providers reduce charges. Between 2008 and 2010, the cost of daily care in a nursing home with a...
May 13, 2010
Andrew Lo, the Harris & Harris Group Professor of Finance at the Massachusetts Institute of Technology's Sloan School of Management, and the founder and chief investment strategist of AlphaSimplex Group, LLC, discusses how Investors should plan...
May 4, 2010
Addressing long-term-health-care insurance as part of a client’s financial plan may be uncomfortable, but not acting can lead to a lifetime of savings’ being erased in months. Too often, clients are faced with heartbreaking health care decisions...
April 6, 2010
Low interest rates and a failure to obtain rate hikes on older accounts are just two of the issues hobbling long-term-care insurers, according to a new study by A.M. Best Co. Inc. Despite the fact that insurance carriers have tightened their...
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...
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...
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...
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...
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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