Category: Insurance and Healthcare

My Long-Term Care Premiums just increased 60% …what should I do?

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 […]

Retirement Healthcare Expenses: Are You Ready?

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 […]

Medicare – What You Must Do Right Now

If you are on Medicare, it is that time of the year again!  It is time to review plans to ensure you are on the best plan and making changes could save you thousands of dollars. My partner, Kimberly Reynolds, MS, CFP® gives tips on how to research and find the best plan for you […]