Long Term Health Care
Issues surrounding long-term care are global. Around the world, financially constrained health systems are struggling with the twin burden of burgeoning chronic diseases such as diabetes and the growing demands of an aging population. More and more of the healthcare burden is being placed on the consumer, and this is especially true for long-term care. People are living longer and family members are not able to provide the support required to care for the elderly.
Long-term care insurance is evolving to help families meet the medical and financial needs. Coverage is varied and complicated. The costs of policies have come down significantly over the past decade and coverage has increased both in terms of duration and the services offered. In addition, many life insurance policies offer long-term care riders that can cover a portion of long term care costs.
Planning on buying a home this summer?
There are a few things to keep in mind. The standard way of going about purchasing a home is to ask the bank how much you qualify for, picking the neighborhood you want, and getting a 30-year mortgage. There are many pitfalls with this process. The better way to do it...
Financial Planning Case Study Six
The purpose of financial planning is to attain financial security, which everyone defines differently. In the ideal situation, we start early, establish goals, develop a plan, and consider as many contingencies as possible. For example, we just helped some twenty...
Financial Planning Case Study Five
The purpose of financial planning is to attain financial security, which everyone defines differently. In the ideal situation, we start early, establish goals, develop a plan, and consider as many contingencies as possible. For example, we just helped some twenty...