Long-Term Care Insurance

  • Average Costs For Long Term Care Insurance Rise 8.6 Percent Average Costs For Long Term Care Insurance Rise 8.6 Percent

    High claims, low interest rates converge

    Overall costs for new long term care insurance coverage increased 8.6 percent compared to one year ago, according to the just published 2015 Long Term Care Insurance Price Index. read more
  • LIMRA: Storm Clouds Ahead? LIMRA: Storm Clouds Ahead?

    6 in 10 Life Insurance Industry Leaders Foresee
    External Disruptions within Next Five Years

    Bill Clinton followed this anthem into the White House 20-plus years ago, at the start of an era that brought us commercialization of the World Wide Web, rapid productivity growth, and a historic bull market.1 read more
  • Five Common Sales Obstacles and How to Overcome Them Five Common Sales Obstacles and How to Overcome Them

    A Salesperson’s Handbook

    by Paul Cherry

    Lucy was a brand new salesperson who wanted to make a big impression. She did everything she could think of to establish relationships with prospects and wow them with her proposals. While she was not failing as a salesperson, Lucy was certainly not leading her team in sales either. read more
  • Taking the Right Precautions For  A Family Member With Dementia Taking the Right Precautions For A Family Member With Dementia Not every person struggling with dementia lives in a nursing home or assisted-living facility. In fact, more than 15 million Americans – usually family members or friends – provide unpaid caregiving to people with Alzheimer’s disease and other forms of dementia, according to a 2014 report by the Alzheimer’s Association. read more
  • Where Are Your Sales Opportunities? Where Are Your Sales Opportunities?

    Finding good sales leads is easy... they're everywhere!

    by Gregory E. Schwabe, FLMI

    “I’m not ready to slow down,” one life insurance producer said recently. “It’s just that I don’t have enough leads.” He is not alone by any means. read more
  • Pennsylvania Plans for the Future of Long Term Care Pennsylvania Plans for the Future of Long Term Care

    Sellers Dorsey Worked with Commonwealth
    to Develop LTSS Report and Recommendations

    After nearly a year-long and deliberative process to engage a wide range of stakeholders to address issues facing the long term services and support system in Pennsylvania, Governor Tom Corbett officially accepted the recommendations of the Pennsylvania Long Term Care Commission last week read more
  • ACA: Health Insurance Premium Growth Slowed in Most States Following Implementation ACA: Health Insurance Premium Growth Slowed in Most States Following Implementation

    Employee premium costs and deductibles grew faster than income in every state

    Employer-sponsored health insurance premiums grew more slowly in 31 states and the District of Columbia between 2010 and 2013, following passage of the Affordable Care Act (ACA), according to a new Commonwealth Fund report. read more
  • When Do You Start Talking About LTCi? When Do You Start Talking About LTCi?

    Clients need to plan how to anticipate, and pay for, Long Term Care

    by Lee Berman

    Long-term care planning is something that’s rarely discussed and most people are unprepared when it comes time to cover the expenses. The average cost of staying in a nursing home, assisted living or long-term care facility for a year can range from $55,000 to $170,000. read more
  • International Long Term Care Insurance Benefits Vary Widely International Long Term Care Insurance Benefits Vary Widely

    Benefit Payouts Could Be Severely Limited Depending On Insurer

    An estimated 1.4 million American retirees live overseas according to Kathleen Peddicord, publisher of Live and Invest Overseas. As increasing numbers look to retire outside of the United States, understanding how such a move can impact long term care insurance benefits becomes vital. read more
  • Boston College Finds Comparative Rip-Off in LTCi Costs Boston College Finds Comparative Rip-Off in LTCi Costs

    Study Finds That Elderly Americans Have Some Tough Financial Issues to Consider

    Although the United States has come a long way in terms of health insurance reform and medical care, older Americans are still finding it difficult to manage their personal finances with regard to long-term care. read more
  • Uncertainty in Long-Term Care Continues to Plague Profitability Uncertainty in Long-Term Care Continues to Plague Profitability

    A.M. Best: Reserves, particularly on older business, inadequate

    A.M. Best has released a Best’s Briefing exploring how profitability struggles in the U.S. long-term care (LTC) sector persist. The ability to sustain profitability in LTC has eluded insurers for more than a decade as issues relating to older legacy blocks – primarily written before 2003 – continue to place a drag on current profitability. read more
  • The Impact of Long-Term Care Costs on Retirement Wealth Needs The Impact of Long-Term Care Costs on Retirement Wealth Needs

    Low and medium income households at greater risk

    Retiree financial well-being depends on many factors, some of which are within an individual’s control and others that are not. Decisions related to lifetime savings and wealth accumulation, retirement timing, benefit claiming, and income sources can positively (or negatively) influence retirement outcomes. read more
  • New Research Quantifies Value of LTCi New Research Quantifies Value of LTCi

    Women Are at a Higher Risk of Needing Long-Term Care

    A new report from the American Council of Life Insurers (ACLI) finds that private long-term care insurance can save Medicaid $47.7 billion and reduce consumers’ out-of-pocket expenses to pay for care by $69 billion. read more