Difficult Choices for Some Long-Term Care Policyholders
Posted inContent Type: Service Customer Relations Elder Care Elderly Genworth Financial Inc Nursing Homes Personal Finances Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Retirement Communities and Assisted Living Suits and Litigation (Civil)

Difficult Choices for Some Long-Term Care Policyholders

After a settlement of a lawsuit, Genworth, the biggest holder of the policies, said customers could get reduced benefits or face significant increases in premiums.
Extra Fees Drive Assisted Living Profits
Posted inElder Care Elderly Health Insurance and Managed Care Long-Term Care Insurance Longevity Medicaid Nursing Homes Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Real Estate Investment Trusts Retirement Retirement Communities and Assisted Living

Extra Fees Drive Assisted Living Profits

The add-ons pile up: $93 for medications, $50 for cable TV. Prices soar as the industry leaves no service unbilled. The housing option is out of reach for many families.