Category Archives: long term care insurance premiums

The Cost of Long Term Care Insurance Is Going Down in 2016!

In 2016, the average cost of a long term care insurance policy has gone down, according to The American Association for Long Term Care Insurance (AALTCI). For couples in their 60s, the policies cost 10% less than in 2015. Also, … Continue reading

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LTC Insurance 2015 Tax Year deductible limits

The 2015 Tax Year deductible limits under Section 213(d)(10) for eligible long-term care premiums includable in the term ‘medical care’ are as follows: Attained Age Before Close of Taxable Year:      40 or less — $390    More than 40 but not … Continue reading

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John Hancock’s New Performance LTC

John Hancock’s newest long term care insurance policy the Performance LTC is entirely different than other companies. The older one gets the lower their premium.* Click on sample charts below then cick again (+) to see full size. Contact us if you have … Continue reading

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