Thursday, 24 January 2019
BREAKING NEWS

Category Archives: long-term insurance

Booming US construction firms face new workers’ comp risks – Insurance Business
23 Jan
10:08

Booming US construction firms face new workers’ comp risks – Insurance Business

Construction workers are the foundation of the US economy. They’re the worker bees building the hive that is America, and, as such, it’s essential they’re protected with workers’ compensation coverage that’s suited to their unique skills and high-hazard risk exposures. The construction industry has historically been quite a specialized and […]

Brewers, American Family Insurance unveil long-term agreement which includes naming rights – WITI FOX 6 Milwaukee
22 Jan
9:58

Brewers, American Family Insurance unveil long-term agreement which includes naming rights – WITI FOX 6 Milwaukee

MILWAUKEE — The Milwaukee Brewers and American Family Insurance announced on Tuesday, Jan. 22 a long-term agreement which includes the naming rights for Miller Park beginning in 2021 — and continuing for 15 years. The partnership goes well beyond the naming rights to the ballpark. The Brewers and American Family Insurance […]

Employees should not be dismissed for incapacity whilst they are contractually entitled to long-term disability benefits – Lexology
21 Jan
9:58

Employees should not be dismissed for incapacity whilst they are contractually entitled to long-term disability benefits – Lexology

The recent Employment Appeal Tribunal (EAT) decision in Awan v ICTS UK Ltd confirms that an employer should not dismiss an employee for incapacity where they have a contractual entitlement to long-term disability benefits or permanent health insurance (PHI). Mr Awan worked for American Airlines as a security agent. His […]

Wealth column: The convergence of health and wealth – Brainerd Dispatch
20 Jan
9:48

Wealth column: The convergence of health and wealth – Brainerd Dispatch

Exercise Reduces Risks According to the American Diabetes Association, physical activity helps to improve your health in a number of ways, including lowering your blood pressure, lowering your risk for type 2 diabetes, heart disease and stroke, as well as improving circulation and relieving stress levels. They also say that […]

This 1 Expense Will Cost Retirees Almost $300,000 – The Motley Fool
19 Jan
9:38

This 1 Expense Will Cost Retirees Almost $300,000 – The Motley Fool

The rising cost of healthcare is a concern for many, but few truly understand the impact it can have, especially on retirees who are living on a fixed income. The average 65-year-old couple retiring today will need $280,000 to cover their medical expenses in retirement, according to a Fidelity study. This […]

AM Best Affirms Credit Ratings of Nippon Life Insurance Company and Its Subsidiary – Business Wire
18 Jan
9:29

AM Best Affirms Credit Ratings of Nippon Life Insurance Company and Its Subsidiary – Business Wire

HONG KONG–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Nippon Life Insurance Company (Nissay) (Japan). The outlook of these Credit Ratings (ratings) is stable. Concurrently, A.M. Best has revised the outlooks to stable from […]

Long-term care benefit bill receives all supportive testimony in hearing – Washington State Wire
17 Jan
9:28

Long-term care benefit bill receives all supportive testimony in hearing – Washington State Wire

The House Health & Wellness Committee today heard a line-up of supportive public testimony on House Bill 1087, also known as the Long-Term Care Trust Act. The bipartisan bill would establish a public long-term care benefit that Washington workers would pay into, and eventually be able to benefit from should […]

LTC insurance claims top $10 billion for first time – News – McKnight’s Senior Living
16 Jan
9:18

LTC insurance claims top $10 billion for first time – News – McKnight’s Senior Living

Long-term care insurance companies paid out a record $10.3 billion in claims in 2018, according to the American Association for Long-Term Care Insurance. “The industry passed the $10 billion mark for the first time,” American Association for Long Term Care Insurance Director Jesse Slome said. Benefits were paid on more […]

Long-Term Care Insurance Claims Rise 12%: AALTCI – ThinkAdvisor
15 Jan
9:17

Long-Term Care Insurance Claims Rise 12%: AALTCI – ThinkAdvisor

(Image: Thinkstock) Long-term care insurance (LTCI) providers paid about $10.3 billion in U.S. long-term care claims in 2018, or about 12% more than they paid in 2016, according to the American Association for Long Term Care Insurance. (Related: Long-Term Care Insurance Claim Payments Rise 6.4%) The Westlake Village, California-based group bases those figures on results from surveys […]

Factoring funeral prearrangements in Medicaid spend down – Greenville Daily News
14 Jan
9:18

Factoring funeral prearrangements in Medicaid spend down – Greenville Daily News

There are many aspects of planning for later years and one situation that may arise in a family is the need for long-term care. This type of care can be cost prohibitive, especially if there is no long-term care insurance in place. Bill Simpson Jr. of Simpson Family Funeral Homes […]