| What are Partnership for Long-Term Care Programs? |
In some states if you participate in the state’s Partnership for Long-Term Care program, you can qualify for Medicaid without spending yourself into poverty. To participate in the Partnership, you must buy a long-term care insurance policy that contains at least the basic benefits required by the Partnership program... |
| 10 States Selected to Participate in LTC Partnership Expansion |
Ten States Selected to Participate in Long-Term Care Partnership Expansion Project
With the graying of America, affordable long-term care insurance options are increasingly important. In response to recent federal legislation that allows states to pursue public-private partnerships for long-term insurance coverage, 10 states have been selected to participate in the Long-Term Care Partnership Expansion project to develop practical insurance options for moderate-income consumers... |
| SEC Comments on "Senior" Specialists and Advisors |
Some Financial Professionals use designations that imply that they are experts at helping seniors with financial issues. Many seniors, however, don't understand that requirements for receiving and maintaining a "senior" designation vary greatly... |
| Why People Don't Plan Ahead For Long Term Care Costs |
Why People Don't Plan Ahead For Long Term Care Costs
There are many reasons why people don't plan ahead for long-term care.... |
| Long-Term Care Insurance Partnership Programs |
Long-Term Care Insurance Partnership Programs
The long-term care insurance (LTCI) partnership program was developed in the 1980s to encourage people who might otherwise turn to Medicaid to finance their long-term care (LTC) to purchase LTCI. If people who purchase qualifying policies deplete their insurance benefits, they may then retain a specified amount of assets and still qualify for Medicaid, provided they meet all other Medicaid eligibility criteria…. |
| Senior Citizens: Beware of Rogue Financial Service Professionals |
| Most experts say that you should look for someone with credentials when shopping for Financial Services such as insurance and investments. How does a consumer decide which designation empowers the agent to help them make suitable choices for consumers or are they cheap and deceptive marketing devices... |
| US Senate Special Committee On Aging Investigates Use Of Questionable Senior Financial Advisor Designations |
| An investigation conducted by the Aging Committee has revealed that many of the designations that have been cropping up represent limited or no value with respect to advising seniors on financial matters, and that often these designations are obtained simply by attending a weekend seminar and passing an open-book, multiple-choice test... |