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Stock impact report

The 5 best times to buy long-term care insurance [CBS News]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: CBS News
According to a 2023 survey conducted by KFF , an independent health policy research firm, about 90% of adults say it would be difficult or impossible to pay the estimated $100,000 for one year at a nursing home . And, about 83% say they would find it difficult or impossible to pay the estimated $60,000 for one year of assistance from a paid nurse or aide. But the good news is that there are options aside from paying out of pocket for these costs. For example, long-term care insurance can help cover these expenses, which most older adults will face at some point in their lives . And, long-term care insurance can offer other benefits, too, like helping to pay for you to age at home — or include other types of coverage — though it depends on the policy. But while long-term care insurance can be an important part of your retirement plan, when is it best to purchase long-term care insurance Find out how affordable long-term care insurance can be now The 5 best times to buy long-term Show less Read more
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