Category: Insurance and Healthcare

If you are on Medicare, it’s that time of the year again! Now is the time to review your current plan and compare the options available to ensure you are on the best plan for your situation. You could potentially save thousands of dollars. There is a deadline for making changes for 2021, so don’t […]

Policyholders are getting notifications from Genworth and other Long-Term Care providers that their insurance premiums will be increasing by as much as 60%.  These are not new policies; these are policies that have been in force for more than a decade.  The question is often, “What am I to do?” First, let’s understand what got […]

Insurance Companies Exiting the LTC business Genworth, a major writer of long-term care insurance (LTC), recently announced they’d no longer offer LTC insurance through brokers and, instead, would only offer coverage ‘direct-to-consumer’.  This is an effort to cut the enormous expenses of commissions paid to brokers and reflects declining demand for LTC products.  Demand has […]