Alzheimer’s disease is the leading cause of long-term care insurance claims. Currently an estimated 5.8 million Americans are living with Alzheimer’s disease. That number is expected to increase to 14 million by 2050. Today, the U.S. Senate Finance Committee Subcommittee on Health Care chaired by Sen. Pat Toomey held a hearing titled “Alzheimer’s Awareness: Barriers … Continue reading "Senators Scrutinize Alzheimer’s, Long-Term Care Insurance Provides Solutions"
Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers. Working Americans recognize that health insurance is essential to protect themselves and their loved ones from overwhelming medical expenses. But even with insurance, a serious illness or injury can still be quite costly. … Continue reading "Supplemental Benefits Help Consumers Avoid Financial Hardship"
For many people in my generation, we have a picture of what we want our financial lives to look like as our children leave home, and we enter the second half of our working lives. In reality, we’ve found that our parents’ pensions and Social Security benefits may not cover their living costs, especially if … Continue reading "The Sandwich Generation and Long-Term Care Insurance"