Posts Tagged ‘Care Insurance’
Long-Term Care Insurance Important for Retirement Planning
October 22nd, 2010
Long term care insurance is an increasingly important part of an individual’s retirement planning, especially in light of the ever-rising cost of nursing home care and other services not covered under Medicare.
To help consumers make the right decisions on their long term care insurance needs, the National Association of Insurance Commissioners offers some tips on its website.
The organization also points out that long term care needs may range from home health aides and adult day care to assisted living and hospice services.
Tags: Care Insurance, Planning, Retirement Planning
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Long-Term Care Insurance Shouldn’t Be Overlooked in Retirement Planning
July 8th, 2010
For people who may not be familiar with long-term care insurance, one place to learn more is the General Services Administration (GSA), a federal agency that provides information to consumers on a wide range of topics.
According to the GSA, long-term care insurance benefits will apply to those who can no longer perform various day-to-day activities, such as bathing, dressing and eating.
With that in mind, long-term care insurance may be as important to one’s retirement security plans as setting aside sufficient cash savings. This is especially the case when considering that Medicare does not cover many of the needs that often present themselves later in life, including nursing homes.
However, long-term care insurance applies to more than just nursing homes.
Tags: Care Insurance, Insurance
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