Examining the facts on the average incidence and duration of long-term care needs and who’s most likely to have a severe, sustained long-term care need. I spoke to a local investment club the other ...

FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...

A just-published report from the Connecticut Partnership for Long-Term Care Insurance can provide some valuable insights explains Jesse Slome, director of the American Association for Long-Term Care ...

Medicare and other health care policies do not cover long-term care. According to the American Health Care Association, costs of services provided by a nursing facility can exceed $50,000 a year.

Most Americans find themselves woefully unprepared for the financial burden of long-term care expenses, a growing concern as the population ages. Despite the increasing need for long-term care, many ...

The FOX 9 Investigators have been named the winner of the 2025 AARP Award for Excellence in Journalism on Aging for their ...

Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...

The struggles facing long-term care are numerous and well-documented. Providers, facilities, and families are constantly trying to find solutions to help improve patient care and staffing burdens.

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 ...