Paying for long-term care
Posted January 6, 2017
Many of us are living longer, healthier lives than our ancestors did, but with these longer lives come new challenges. Many Americans must receive long-term care as their physical and mental health declines. The good news is that there are many options available for long-term care of adults, and many of them are very good. […]
Former employee alleges insurer wrongfully denied her claim
Posted
When an injury, illness or other health condition is so severe that it renders a person unable to work, the worker is in a bad position. Without the income from employment, bills and debt can quickly pile up. If the person tries to return to work, he or she may be unable to perform his […]
New regulations for ERISA disability benefits
Posted January 4, 2017
While much of the country waits to see what will happen to their insurance under a new Republican White House and Congress that have pledged to end the Affordable Care Act, another system of health-related benefits is facing new, unrelated changes. Shortly before the change in administrations, the U.S. Department of Labor published new regulations […]
New Year’s Eve Insurance Disasters To Avoid
Posted December 27, 2016
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New Year’s Eve is often celebrated with parties, drinks, and a countdown to the dawn of a new year. However, a holiday meant to celebrate friends and family is often spoiled by mishaps that lead to insurance claims.
Why homeowners’ insurance truly is the gift that keeps on giving
Posted December 21, 2016
From giving the perfect gift to cooking the perfect dinner, we are bombarded with advertisements from Black Friday all the way through New Year’s Eve calling on us to be nothing less than flawless in our holiday planning and execution. Most of us know from experience, however, that this is not only impossible, but also […]
Long-Term Disability: The Perils of Going It Alone
Posted December 20, 2016
We currently live in what may be looked back upon as the golden age of DIY (do-it-yourself). From people fixing their vehicles with the help of YouTube videos to people taking on home renovations inspired by their favorite program on HGTV, people from all walks of life are diving in to DIY. There are many […]
Does my long-term care policy provide any real tax benefits? – II
Posted December 19, 2016
Last time, we began discussing how unbeknownst to many people, the long-term care policy that they’ve been so ambivalent about securing can actually provide some substantial benefits come tax filing time. Specifically, we discussed in our last post how even though the Internal Revenue Service hasn’t made the filing process easy, those with long-term care […]
Does my long-term care policy provide any real tax benefits?
Posted December 16, 2016
With the holidays in full swing, most people are preoccupied with everything from travel plans and gift wrapping to cooking and social engagements. In fact, it’s safe to assume that the furthest thing from everyone’s mind right now is filing their 2016 federal tax return. However, given our recent discussions about the value of long-term […]
What alternatives are there to traditional long-term care policies?
Posted December 15, 2016
Yesterday, we discussed how many Americans are opting not to purchase long-term care insurance owing to their perhaps unfounded fears about insurer insolvency and cost, and how this reality becomes highly unnerving given that statistics show that roughly 75 percent of people who live to 65 will need some type of care. We also started […]