J.K. Lasser's Choosing the Right Long-Term Care InsuranceA PRACTICAL GUIDE TO THE COMPLICATED ISSUE OF LONG-TERM CARE INSURANCE "Next to buying the right long-term care insurance, buying and reading J.K. Lasser's Choosing the Right Long-Term Care Insurance is the best investment seniors and their families can make to help insure independence and dignity in their golden years." -Scott Harshbarger, President and CEO, Common Cause "An indispensable book for all those concerned that the cost of health care will rob their old age of dignity and independence. The author, Ben Lipson, an articulate advocate of patient rights and an authority on health insurance, provides a lucid road map in a terrain mined with hokum." -Bernard Lown, MD, winner of the Nobel Peace Prize "Long-term care insurance is a much-needed and valuable insurance concept, marketed in a maze filled with smoke and mirrors. Most of what passes for consumer guidance is just general information and superficial advice. But Ben Lipson's book takes you by the hand, leads you through the insurance labyrinth, and shines a much-needed light on the product." -Charlie Sabatino, President, National Academy of Elder Law Attorneys Critical coverage will help you: * Decide whether you are among the 40 percent of people who do not need to buy long-term care insurance * Receive the benefits you purchased when you have to make a claim * Distinguish between fact and fiction during a sales pitch J.K. Lasser--Practical Guides for All Your Financial Needs Please visit our Web site at www.jklasser.com |
Contents
1 Independence for All | 1 |
2 Alternatives to LongTerm Care Insurance Doing It Your Way | 16 |
3 Reading the Fine Print How to Buy the Coverage You Want with the Dollars You Have | 30 |
4 Current Tax Considerations Insurability Does Not Always Mean Deductibility | 52 |
5 Underwriting for Physical Impairments Playing Underwriting Roulette | 63 |
6 Underwriting for Physical Impairments Changing the Odds in Underwriting Roulette | 80 |
7 The Cognitive Impairment Test No Lifelines Allowed | 94 |
8 Leveling the Playing Field How to Distinguish between Fact and Fiction during the Sales Pitch | 113 |
12 The Envelope Please The Nominees for Best LongTerm Care Insurance Soap Opera | 174 |
13 Questions and Answers | 198 |
14 Dos and Donts | 211 |
15 Two Letters | 214 |
16 Epilogue | 217 |
Appendixes | 225 |
Glossary | 255 |
| 261 | |
9 Who Can Help You Choose the Right Policy? Finding a Seller You Can Trust | 133 |
10 Choosing a Company Ensuring That the Company Will Be There When You Need It | 149 |
11 Caregivers | 160 |
About the Author | 270 |
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Common terms and phrases
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