Arizona Among 14 States with Protection Against Genetic Discrimination – But not for LTC Insurance

Few things in life are more unfair than genetics. We’re all
born with a unique code that can include good things – the family nose,
perhaps, and bad things like potential health conditions. Increasingly geneticists
are discovering genetic links to ailments and with the advent of services like
23 and me, there is an increase in interest in genetics in general.

Many Fearful About LTC Costs

Most Americans’ greatest fear about aging is being able to afford long term care. A lot of people mistakenly think the government is going to pay for their long term care. Statistics show that only 20% have taken steps to preparing themselves for long term care. Not only that around 50% of people assume it will be paid for by the government.

Long Term Care Options

If you haven’t enrolled in a long term care policy, it’s important that you know your options. Long term care can be extremely costly, and if you don’t have a policy in place you could end up in a difficult financial situation. Many think that their retirement fund or short term care will cover them post-retirement, but the now that people are living much longer that isn’t the case.

Maryland Plans LTC Hearing in April

On April 28th, 2016 the Maryland Insurance Commissioner, Al Redmer, Jr., will conduct a public hearing to discuss items of interest to any current or potential policyholder in Maryland. Topics of discussion will include:

Discussion on regulatory items including premium increases.
The future of long term care insurance as a way to fund care costs.

Can I Replace My Five-Year-Old Long Term Care Policy?

A question today from one of our readers, Michael in Texas, who is getting a 12% rate increase on his five-year-old Long Term Care Insurance Policy:

“Dear LTC Tree, thanks for the great site.

Boost Creative Thinking With a Walk, New Study Says

Trying to come up with some new ideas? Go for a walk. A new study out of Stanford University found that in addition to all the physical benefits of walking, it also improves creative thinking during and for a short time after the walk.

Walking can help lower blood pressure, lower cholesterol, and even ease symptoms of depression.

US Remains 19th in Retirement Security Worldwide

The Global Retirement Index for 2014 was released this week and the United States just barely made it into the Top 20, coming in at number 19.
What is the Index?
The Global Retirement Index is a ranking published annually by Natixis Global Asset Management. The rankings represent a country’s capacity to meet retirement security needs and expectations.

New Study Links Cholesterol and Alzheimer’s

High cholesterol is often connected to heart disease and even stroke, but typically not Alzheimer’s. A recent study has changed all that by linking cholesterol and Alzheimer’s and is among the many pointing to environment and lifestyle as a major contributor to the disease.

Curing Dementia with Lasers?

Curing diseases like Alzheimer’s with lasers might sound far fetched but a new study out of Europe suggests it might be an option, and a less harmful one, too. Scientists at Chalmers University of Technology in Sweden and the Polish Wroclaw University of Technology published their research about photo therapy lasers and the brain in Nature Photonics this week.

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