Overall costs for new long-term care insurance coverage increased 8.6 percent compared to one year ago, according to the 2015 Long Term Care Insurance Price Index.
President Obama has proposed new rules to require financial advisers to act in the best interests of their clients.
As more people consider retiring abroad, questions are arising about how an overseas retirement will affect long-term care insurance benefits.
The minimum amount of monthly income that a community spouse (the spouse of a nursing home resident getting Medicaid benefits) is entitled to receive, will rise July 1, 2015.
While the transition from one level of care to another in a Continuing Care Retirement Community (CCRC) may be advertised as seamless, moving to a higher level of care could mean losing [...]