Author: Andrew Armida

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November is Long-Term Care Awareness Month!

November is Long-Term Care Awareness Month!

This November marks the 18th anniversary of Long-Term Care Awareness Month. With the holiday season nearly underway and thoughts of family on everyone’s mind, this is the perfect time of year to bring up discussions about the need to consider the important role that long-term care plays in one’s retirement plan. The need for proper…

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Assisted Living Facility Claims on the Rise

Assisted Living Facility Claims on the Rise

One of the many benefits of Long-Term Care insurance [LTCi] is the flexibility it provides when one needs long-term care services. Not surprisingly, most people prefer to receive care in their own home if at all possible. In fact, 77% of adults age 40+ indicate as much1. However, when the need for more intense or…

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LTCi Claims Paid Continues Upward Trend

LTCi Claims Paid Continues Upward Trend

What’s often lost in news of rate increases and announcements of carriers entering and exiting the market is the fact that Long-Term Care insurance [LTCi] claims continue to grow – both in amount paid and number of claimants. With prospective consumers and current policyholders potentially wary of the industry due to this one-sided media coverage,…

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