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Gentiva Health Services Acquisition Will Shake Up Several Industries says Analysts »

By admin on Jun 15, 2010 in Featured, In the News, Long Term Care, Long Term Care Insurance, Medicare, Medicaid and LTC | 0 Comments

Last week’s $1 billion purchase of Odyssey Healthcare (ODSY) by Gentiva Health Services (GTIV) is going to shake up several industries according to Investors Business Daily.
Gentiva provides in-home care for patients, most of whom are elderly. Odyssey provides hospice care for those in their last days.
The merger suggests convergence and consolidation across the wide spectrum [...]

Conseco Financial Troubles Lead to Higher LTC Premiums for Seniors »

By admin on Jun 14, 2010 in Featured, In the News, Long Term Care | 0 Comments

Marie Hulbert, now 78, made her first monthly payment of $98.62 on her long-term care policy in November 1989. The Carmichael resident pays $160.83 now, but she’s been notified it will go up a whopping 145 percent over the next four years to $721 a month in mid-2014.
That includes 35 percent increases in July, September, [...]

Long Term Care News From the Week »

By jana on Mar 20, 2008 in In the News | 0 Comments

There has been a lot in the news lately related to long term care…here are some of the highlights from this week:
GENETIC DISCRIMINATION: Bill would restrict use of tests by long-term care insurers
Lawmakers want to prohibit long-term care insurers from using genetic tests to determine coverage, but a compromise forged with insurance companies could allow [...]