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People simply do not see funding long-term care as a priority says analyst »

By admin on Jun 17, 2010 in Featured, Long Term Care, News | 0 Comments

The Financial Adviser is reporting only 4 percent of over-50s would consider contacting a financial adviser for help on funding their long-term care in older age.
Research carried out on behalf of long-term care funding specialist Partnership revealed that 53 per cent of the 467 people quizzed said they would sell their homes to pay for care [...]

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, [...]

Anyone Want a Roadmap for your Long Term Care Planning? »

By jana on May 8, 2008 in Long Term Care, Long Term Care Insurance, Reverse Mortgage | 0 Comments

Continuing along the same path as yesterday, I was browsing various government websites that speak to Long Term care and came across the U.S. Department of Health and Human Services.  They created it to “provide information and resources to help you and your family plan for future long-term care (LTC) needs.”
The site has some good [...]

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