Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

Key Takeaways Americans can expect to pay anywhere from about $5,000 to $30,000 per month for nursing home care, depending on the market.Medicare covers 100% of the costs of nursing home care for only ...

While one-third of older adults may never need long-term care services, many people do need the extra support, including care in a nursing home. According to a report from the Urban ...

A recent study by Morningstar found that costs for long-term services and supports (LTSS), including things like in-home care, assisted living and nursing home facilities, can have a dramatic impact ...

While I was Christmas shopping the other day, I was reminded of Christmas a few years ago when my youngest child, Matthew, was 11 or 12 years old. He insisted that all he wanted for Christmas was ...

Long-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many households aren't prepared to manage the expense. "People don't plan for it in advance," said Carolyn ...

Lawmakers have proposed a supply fee to bolster long-term care pharmacies facing major revenue losses with the implementation of negotiated prices on 10 commonly prescribed medications Jan. 1. The ...

The Centers for Medicare and Medicaid Services (CMS) has rolled out its first major change to the SNF Medicare Cost Report in ...

Please note: This item is from our archives and was published in 2005. It is provided for historical reference. The content may be out of date and links may no longer function. COMPANIES INCREASINGLY ...

People who love the long-term care profession may feel like suckers sometimes. How does America’s centrally planned, heavily regulated, top-down LTC system treat us like chumps? It would be hard to ...