American Association for Long-Term Care Insurance

The Joint Economic Committee comprised of Republican Senators issued a report last week referring to the CLASS Act as “a Ponzi scheme of the first order” a quote attributed to Senator Kent Conrad (D-ND).

A new online guide provides details regarding the CLASS Act (Community Living Assistance Services and Supporters Act). The new federal long-term care program is part of health care reform signed into law by President Obama.

A new online guide provides comprehensive information regarding the Community Living Assistance Services and Supporters Act (CLASS Act).

The Congressional health care bill just signed by President Obama contains provisions for the first ever federal long-term care insurance program.

Individuals purchasing long-term care insurance in 2009 tended to be slightly older and selected less costly policy features according to the American Association for Long-Term Care Insurance.

Costs for home health care services are rising according to a report by the American Association for Long-Term Care Insurance. Nationally, the current average hourly rate for a home health aide is $20.50, a 2.5 percent increase over the prior year.

What individuals pay for long-term care insurance can range significantly from about $700 a year to as over $13,000 per year according to a study from the American Association for Long-Term Care Insurance.

Millions of seniors who signed up for popular private health plans through Medicare are facing sharp premium increases this year.

The majority (89%) of critical illness insurance policies are purchased by individuals under the age of 45 according to the first national buyer study conducted by the American Association for Critical Illness Insurance.

The majority of long-term care insurance policies are purchased prior to retirement age. More than half select options that significantly reduce the cost according to a study just published by the American Association for Long-Term Care Insurance.