Results for "long-term care"

Displaying 133 results

Sort: Date | Relevance

Author:

Genworth move could signal big shift in distribution of long-term-care insurance

March 14, 2019

Genworth Financial Inc.'s recent decision to halt sales of individual long-term-care insurance policies through brokers and agents and just go directly to consumers could represent an emerging trend among insurers. Genworth, the largest long-term-care...

GE expects $1.7 billion in rate increases for long-term care policies

March 7, 2019

General Electric expects to institute $1.7 billion in premium increases for its long-term care insurance policyholders over the next several years, the company said Thursday, making it the latest of several insurers to raise premiums for customers...

Insurers create pain points for advisers and clients

February 21, 2019

The insurance industry hasn't done itself any favors when it comes to earning the trust of financial advisers and their clients. Insurers have repeatedly frustrated these stakeholders by making business decisions that are seemingly contrary...

Genworth diverts $327 million to shore up long-term-care insurance

February 6, 2019

Genworth Financial Inc., the largest long-term-care insurer by number of policyholders, diverted $327 million before taxes in the fourth quarter in order to shore up the reserves it uses to pay LTC insurance claims. The amount, which came to...

Financial decisions made by diverse populations more likely to revolve around others

December 11, 2018

Black Americans, Asian Americans and Latino Americans are more likely than the general American population to support their parents and children financially. At the same time, more than half of women are the primary breadwinners in their households....

States try to beat back rate increases on long-term-care policies

September 13, 2018

States have taken steps to limit the drastic rate increases plaguing the long-term-care insurance market, leading some experts to suggest that these insurance policies are worth a second look for financial advisers and consumers. More than three...

Long-term-care insurance gets a boost, but there's more to do

September 29, 2018

Among the possible costs that must be factored into retirement planning is that of long-term care. Research shows that as Americans get older, 70% will need some form of assistance, which can range from help at home with the activities of daily...

Building Blocks of Special Needs Financial Planning

October 16, 2017

Long-term special needs financial planning can be challenging, especially with the complex legal and governmental issues surrounding disability. The wrong decision might create a tax burden or render a child with special needs ineligible for...

Private equity eyes long-term care insurance

November 16, 2018

Private-equity investors are eyeing insurers' long-term-care business with increasing fervor, according to insurance executives and analysts, which could present problems for financial advisers whose clients hold affected policies. "A lot of...

New ways to estimate and fund long-term care costs

July 5, 2018

Nothing strikes fear in the heart of retirees more than the three letters: LTC. The potentially crushing costs of long-term care in a nursing home, memory care unit or even at home — most of which are not covered by Medicare — can easily...

Genworth raises long-term-care insurance costs an average 58%

August 9, 2018

Genworth Financial Inc. received approval from state regulators this year to raise costs an average 58% on some long-term-care insurance policies, affecting tens of millions of dollars' worth of annual insurance premiums the company receives...

Health-care planning presents an opportunity for advisers

September 27, 2018

Like it or not, financial advisers need to factor health-care costs and funding solutions into future retirement income plans. Clients expect it, and tools are now available to personalize cost calculations and to provide a variety of funding...

Retirement Income Summit 2013 Mary Beth Franklin: Home schooling long-term care

May 13, 2013

Dr. Carolyn McClanahan, both a medical doctor and CFP, admits she is a minimalist when it comes to seeking medical care. And when it comes to long-term care, she has a unique vision of how and where she would like to receive assistance as she...

Advisers short-sighted about long-term care

May 1, 2012

Apparently, the best way to get a client thinking about long-term care is to turn the attention on family members. Few clients — particularly male ones — think seriously about the possibility that they could require care in a nursing home...

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...

The road to retirement just got rockier

April 3, 2016

Insurance companies finally are accepting that interest rates are not likely to increase substantially in the foreseeable future and are pushing up the costs of some key forms of insurance — long-term care coverage in particular — which...

Mass Mutual to hike some LTC premiums by 77%

May 16, 2018

Some 54,000 holders of long-term care insurance policies issued by Mass Mutual Life Insurance face premium hikes of about 77%, according to a request the carrier has made to state regulators asking for the increase. The company has about 72,000...

John Hancock testing wellness programs for long-term-care policyholders

September 28, 2018

John Hancock Life Insurance Co. plans to try out a number of wellness programs on some of its long-term-care insurance policyholders, which experts say would both help clients live longer, healthier lives and possibly provide an economic prop...

Longevity is the best reason to invest in LTC

December 21, 2017

A majority of the population is going to need long-term care someday. It's seldom easy, however, to convince clients that they should protect themselves with LTC insurance just when they're enjoying a healthy middle age, with more immediate...

GE's long-term-care insurance woes are symptomatic of ailing industry

February 9, 2018

The long-term-care insurance industry is struggling, and executives and analysts have seized on General Electric Co.'s recent travails to illustrate the point. Nearly a month ago, General Electric Co. disclosed a $6.2 billion charge associated...

Next Page »

1 | 2 | 3 | 4 | 5 ... 7

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.