Explore CLTC's new testimonial series, shedding light on family caregivers' experiences during critical moments like crises, new diagnoses, and end-of-life care. These stories highlight the emotional, physical, and financial challenges faced, emphasizing the importance of extended care planning.
Oliver Wyman LTC Lowdown - December 2024 Edition
December 8th, 2024
The Oliver Wyman LTC Lowdown - December 2024 Edition provides key insights into the long-term care (LTC) insurance industry, highlighting Q3 2024 earnings performance, assumption updates, and regulatory changes. It covers notable trends such as favorable and adverse claims experiences across major insurers, emerging product innovations, and strategies like reinsurance and risk transfer. Additionally, it examines the impact of regulatory adjustments, including the adoption of the Minnesota approach for rate reviews and evolving public policies influencing LTC financing solutions.
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LTC in the News: New video series profiles struggles, successes of family caregivers
December 1st, 2024
October 2024 Industry News and Updates
October 21st, 2024
Stay informed with the latest developments in the long-term care insurance (LTCi) industry. In October 2024, OneAmerica introduced enhancements to Asset Care, including support for informal caregiving and expanded inflation protection. Lincoln's MoneyGuard is now available on the FireLight eSubmission Platform, offering streamlined digital workflows. Nationwide is providing resources for Long-Term Care Awareness Month to help raise awareness among clients.
LTC in the News: Navigating Long-Term Care Costs: Why Reverse Mortgages Are Worth Considering
October 9th, 2024
Explore how reverse mortgages, particularly Home Equity Conversion Mortgages (HECM), are becoming a valuable financial tool for retirees facing rising long-term care costs. This article by Don Graves, RICP®, CLTC®, CSA, IRMMACP™, president of the Housing Wealth Institute, discusses how converting home equity into funds can help cover care expenses without monthly payments, allowing seniors to age in place while maintaining financial security.
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