1730 South Federal Highway Suite 259 Delray Beach, Florida 33483 1-561-351-8308
A Solution To Long Term Care
FORBES: Another Long-Term Premium Rate Hike
Forbes August 2016 stated that the federal government announced that premiums for nearly all of its existing long-term care insurance policies would increase—by an average of 83 percent. In June the Boston Globe reported that the John Hancock Company were sending notices to some of its older policyholders informing them their premiums would be going up immediately by about 20 percent.
Seniors are using the cash they receive from their Life Settlements to pay for their long-term health care premiums and self-fund their long-term health care needs.