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  • New Dementia Care Program

New Dementia Care Program Aimed at Reducing Antipsychotic Use

By |December 17, 2013|Categories: Advice, Companies, Insurance Industry, Psychology, Retirement Planning|Tags: , , |

A new program is now available to long term care providers who are looking to improve the quality of dementia care.

Dementia Treatment

Compiled by the AMDA, the resource is free if you agree to take a survey at the end. long term careThe program provides information for both prescribers and non-prescribers to help focus on person-centered care and reduce the number of antipsychotic medications used in long term care facilities, specifically nursing homes.

Though long term care providers have made progress in cutting down  the number of antipsychotic drugs used, a recent[…]

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  • University Launches Caregiver

University Launches Caregiver Benefit to Address Long Term Care

By |November 4, 2013|Categories: Breaking News, Companies, Retirement Planning|Tags: , , , , |

A southern university is one of a few employers to offer benefit to workers in an effort to meet changing needs and evolving familial trends related to long term care.

Family Caregivers

Emory University in Atlanta, Georgia recently launched a new program to help employers navigate the difficulties of providing care to a loved one, a job that more family members are tasked with these days. As the cost of long term care continues to climb along with the prevalence of dementia, Americans are relying on family caregivers at an unprecedented rate.

The AARP estimates that family caregivers provide $450 Billion in[…]

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  • Long Term Care

The Future of Long Term Care

By |October 31, 2013|Categories: Advice, Companies, Retirement Planning|Tags: , , , |

The advancements in technology continue to make the future a more and more amazing place in terms of our health. It’s hard to know just what science will accomplish next, but earlier this year, researchers were able to create the tiniest human liver ever using a 3D printer.

Printing Organs

Science is constantly searching for new ways to help us improve our health and increase our lifespan, and Organovo in San Diego, California has taken a big step in that path. Utilizing a 3D printer that builds organs from cells, the company produced a human liver that measured 4 millimeters across and ½[…]

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  • Buy Long Term Care Insurance

A Better Way to Buy Long Term Care Insurance

By |August 29, 2013|Categories: Advice, Buying Tips, Companies, Insurance Industry, Retirement Planning|Tags: , |

We’ve all heard some variation of this story: after years of paying premiums on time, someone files a claim with their insurance company, only to be denied benefits and cheated out of the coverage they deserve. No matter what type of insurance, this has happened to consumers, and long term care insurance buyers haven’t been spared. These stories are not blanket warnings against policies, however, although some people choose to use them as so. Rather, they are tools to help us make wiser decisions about how to buy insurance.

Choose Wisely

Many people bought long term care insurance policies when they first[…]

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  • Insurance Policy TransCare III

Transamerica Announces New Long Term Care Insurance Policy TransCare III

By |August 28, 2013|Categories: Breaking News, Companies, Insurance Industry, Retirement Planning|Tags: , |

Beginning in September, Transamerica’s newest long term care insurance policy, TransCare III, will be available for sale across the nation.

Next Generation

TransCare III represents what Transamerica calls the “next-generation of Long Term Care insurance”.  As life expectancy increases, technology improves, and health care gets more expensive, long term care insurance providers are making adjustments to react to the new cost environments.

The new policy will be available for individual sales in all Interstate Compact states on September 10th, 2013. The company is seeking approval from the Departments of Insurance in all other states and plans to begin sales in those states upon approval.

According[…]

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  • Long Term Care Insurance Products

John Hancock Makes Adjustments to State Partnership Long Term Care Insurance Products

By |August 21, 2013|Categories: Benefits, Breaking News, Buying Tips, Companies, Insurance Industry, Retirement Planning|Tags: , , |

John Hancock has announced the discontinuation of the sale of its California Partnership Long Term Care Insurance product, effective Monday, September 16.

Strict Regulations and Low Sales in California

The company described the move as a “difficult decision” based on “continued low sales volume” and their findings “that the strategic direction of our LTC products and markets no longer synchronizes with California Partnership regulatory requirements”.

Current policyholders of California Partnership plans will not be affected by the changes, and already existing plans remain guaranteed renewable. However, the company did note that premium rates can be raised based on regulatory approval. All applications for[…]

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