3 Frequently Asked Questions About LTC Insurance Claims
This is a special guest blog post by Aaron Skloff, AIF, CFA, MBA, and CEO of Skloff Financial Group, highlighting the three questions he is most frequently asked about long-term care insurance policies.
These Experts Can Ease Seniors’ Stress About Relocating to a CCRC
There are support resources available who are experts in helping seniors move. These pros can make selling your house, packing, and moving a less arduous task for seniors who are relocating to a CCRC or other retirement community.
Life Plan Communities Keep Couples Close
For some senior couples, a continuing care retirement community (CCRC, also known as a life plan community) could be a solution to concerns about being separated by differing care needs. CCRCs offer a continuum of care for residents, from independent living patio homes or condos to 24/7 skilled nursing care–all on one campus.
Working Toward Equal Access in LGBT Senior Living
From legal reform to well-organized advocacy groups, the U.S. is generally becoming a more tolerant place for members of the LGBT community. And as the number of openly LGBT seniors continues to grow, more and more senior living communities are looking for ways to welcome them with open arms.
What Are Long-Term Care Insurance Partnership Policies?
In an attempt to incentivize more aging Americans to purchase a private LTC insurance policy, the Deficit Reduction Act (DRA) of 2005 (DRA) included section 6021, which created the Qualified State Long-Term Care Partnership Program. Many older adults are not aware of this program, but they should be.
Graphs Provide Insight Into Value of Entry Fee Refunds
Faced with choosing between multiple types of refundable contracts a prospective resident of a CCRC (life plan community) may wonder which choice is best, financially, over the long run.