Blog Central

Nearly three-fourths of adults 65 or older will need some sort of long-term care at some point during their remaining years, statistics show. But, unfortunately, this care can come with jaw-droppingly high prices — it costs, for example, over $100,000 per year on average for a private room in a nursing home — and Medicare isn't much help.

Dreading a nursing home stay? Home care might sound better, but are you prepared for the hidden costs of in-home long-term care? This article by CLTC Director of Training Bill Comfort dives into the realities of home care expenses.

Stay updated with June 2024 LTCi industry news: Mutual of Omaha introduces interactive sales tools with Ensight, Lincoln Financial launches Designer Studio for efficient case design and MoneyGuard strategies, and OneAmerica increases annuity rates to enhance client benefits. These updates demonstrate the industry's focus on innovation and client-centered solutions.

The June 2024 edition of Oliver Wyman's LTC Lowdown provides a detailed analysis of recent developments in the long-term care (LTC) insurance industry. It covers Q1 2024 earnings highlights, including trends in claims experience and investment performance for major insurers like Ameriprise, Genworth, and Unum.

If you're in the market for long-term care insurance, you may find that there are several options to choose from, both in terms of coverage and how you pay for coverage.