Nationwide, long-term care insurance policies are being used to cover an average of 2.6 years in assisted living, where the ...

Over the past few decades, the expenses associated with extended medical care, assisted living and nursing home facilities have surged. According to data from Genworth, the average cost of a private ...

For Laurie Craigen, the realities of senior medical costs hit hard when her grandmother needed hospice care. “It was a stressful time for the family because we were trying to figure out how to keep ...

Long-term care insurance can help by covering some of the medical and support services that people with degenerative conditions, cognitive disorders or other long-term illnesses will need. Learn More: ...

Gary Yanagihara, Executive Vice President of PSH Insurance, joins producer/host Coralie Chun Matayoshi to discuss what is long term care, where is it provided, levels of care, rising costs, options ...

Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has superior financial strength ratings from AM Best (A++), Fitch (AAA), Moody’s ...

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 ...

Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...

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’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 ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...