Thursday, April 28, 2016

Spike in long-term care insurance riles policy holders

Lynn Hollenbach was a pretty healthy 56-year-old in 2001, but wise enough to know that might not always be the case. He had heard about long-term care insurance, a type of private insurance that covers the at-home care and nursing home expenses that fall between the cracks in Medicare and traditional health plans. So he signed up: $2,800 a year for peace of mind that he and his wife, Judy, won’t be buried under medical bills in their old age or, worse, unable to afford the care they need. When…



from http://www.bizjournals.com/baltimore/news/2016/04/28/spike-in-long-term-care-insurance-riles-policy.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/143559933777

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