Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

As we age, the cost of medical care, assisted living or nursing home stays can become a significant financial burden. Planning ahead is essential to ensure that you or your loved ones aren’t ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, as the population ages, the price of long-term care won't be the ...

As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...

Please note: This item is from our archives and was published in 2005. It is provided for historical reference. The content may be out of date and links may no longer function. COMPANIES INCREASINGLY ...

Editor’s note: This story is part of the Connecticut Mirror’s “Priced Out” project, an in-depth look at the troubled long-term care insurance industry in Connecticut. Genworth Financial, one of the ...

I was very happy to see the “Priced Out” series by Jenna Carlesso and the investigative team at the Connecticut Mirror. Long-term care insurance cost is an important issue that needs to be discussed.

The price hikes began in 2007, modest at first, then exploding in size. By last summer, the long-term care insurance plan Steve Krasinski paid $750 a year for in 1994 had ballooned to $6,400. And that ...

In January, just weeks into the legislative session, key lawmakers — frustrated with soaring rate increases on long-term care insurance plans — pledged urgent reform to bring relief to Connecticut’s ...