J.K. Lasser's Choosing the Right Long-Term Care Insurance
Chapter One
Independence for All
This book is not intended to scare you. On the contrary, when you've finished
reading you will be equipped to make wise choices about the long-term care
you want. You'll understand where long-term care coverage stands in your financial
planning universe, how taxes impact your decisions, which type of policy
might be best for you, what secrets lie buried inside your policy, and how to
deflect an emotional sales pitch. You'll know what to expect if you have preexisting
conditions that might disqualify you from coverage, and you'll understand
the implications behind the dreaded cognitive impairment test. You will have a
hard-hitting list of questions for yourself and your insurance agent, along with a
set of guidelines to follow as you make your long-term care planning choices.
This book, then, is based on four assumptions, which have been the basis of
my 50-year career as an advocate for patients' rights and senior health insurance
concerns:
1. We recognize that government dollars for health and long-term care are
shrinking. We know, without being constantly reminded by the insurance
industry, that our long-term care ... read full excerpt from J.K. Lasser'sTM Choosing the Right Long-Term Care Insurance ebook
