Tag Archives: nursing home

What If Patients Decided How Their Nursing Home Would Run?

When asked how she feels about living at St. Camillus Health Center in Whitinsville, Mass., her home for 15 years, Alice Hallinan doesn’t hesitate. “I love it very much,” the 96-year-old says. “My daughter wants me to move closer to her, but … Continue reading

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Genworth Rate Increase in CA Not For Partnership

Genworth has increased premiums (PCS I) in California but not for California Partnership policies. California, New York, Connecticut, and Indiana are the four original Partnership states. Unlike the “new” Partnership states which were created after the passage of the Deficit … Continue reading

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Washington State Partnership

Washington State now has Partnership policies. Check out your state — and get a quote today.

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What if the company goes bankrupt?

Some people may worry “what if the insurance company goes out of business, what will happen to my policy?” Answer: Each state has a Guarantee Association composed of all insurers licensed to sell life insurance, health insurance, and annuities in … Continue reading

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John Hancock Now CA Partnership

John Hancock announced that its individual long-term care insurance would be available in California, beginning February 27, including both its new California Partnership policy and Custom Care III (non-Partnership). John Hancock joins Genworth in offering Partnership LTC policies in California. … Continue reading

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2012 Long Term Care Insurance Tax Deductibility Limits

Age 40 or less $350 Ages 41-50 $660 Ages 51-60 $1310 Ages 61-70 $3500 Ages over 70 $4370 * may be claimed as medical expense if combined medical expenses exceed 7.5% of AGI and deductions are itemized. Some states also offer … Continue reading

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2012 Partnership Requirements NY, CT, IN, CA

NY – The minimum daily benefit for nursing home care is $253 and $127 for home/community services. CT – The minimum daily benefit for nursing home care is $213 and $106.50 for home/community services. Minimum monthly benefit $6,603 IN – NHDB … Continue reading

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