Long-term care insurance: Time to yell ‘Run!’ yet?
By
James M. Berklan
Nov 12, 2014
There is a memorable scene in the movie “Forrest Gump” when Lt. Dan chews out the well-intentioned title soldier for saluting him while the enemy is likely watching. The implication is that...
Many Americans don’t understand long-term care
By
Roger Roemmich
May 14, 2014
Many Americans remain in denial and are therefore disinclined to pluck the truth from the myths about long-term care, much to the detriment of their own finances as they turn to homecare providers for...
Senators weigh need for individual mandate in long-term care financing reform
By
Tim Mullaney
Dec 19, 2013
Senators and a panel of experts wrangled over whether effective long-term care reform hinges on a federal mandate for all individuals to buy some type of LTC insurance, at a Special Committee on Aging...
Poll: Many believe that long-term care financing is mostly private pay
By
Tim Mullaney
Oct 01, 2013
Many Americans mistakenly believe that long-term care in the United States is primarily paid for out-of-pocket, according to the latest poll to show how deeply people misunderstand this aspect of the healthcare...
Lack of information prevents long-term care planning even for those with high incomes, SCAN report finds
By
Tim Mullaney
Aug 16, 2013
Americans who are earning high incomes often do not plan sufficiently for their long-term care needs, according to a new report from the SCAN Foundation and Langer Research Associates.
Insurance, the elderly and what to do next
By
James M. Berklan
Jul 11, 2013
No sane person can criticize someone who admits being confused about how medical insurance should be funded, especially for seniors. Last week, a pair of innocently juxtaposed stories highlighted the struggle...
House bill would tighten Medicaid eligibility for long-term care
By
McKnight's Staff
Apr 30, 2013
A new House bill would reduce the amount of home equity that is exempted when determining Medicaid eligibility for long-term care. The “Medicaid Program Integrity Act of 2013” would give states...
Experts tout private and public long-term care funding reforms in Senate hearing
By
McKnight's Staff
Apr 19, 2012
As the trajectory of long-term care costs rises, experts on funding gave varying approaches on how to achieve savings at a Senate hearing.
House repeals CLASS Act
Feb 02, 2012
The House of Representatives repealed the CLASS Act on Wednesday night, although its future is far from clear.
Many observers expect Republican efforts to repeal CLASS will die in the Senate, where there...
CLASS caveats
By
Steve Moses
Apr 06, 2010
The CLASS Act is being touted as a progressive long-term care insurance solution. I have news for you: It’s not.