A Medicaid 'spend down' may get an older person long-term care coverage but isn't a DIY strategy [Globe and Mail, The (Toronto, Canada)]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: Globe and Mail, The
bathing, dressing or eating at some point, either for an extended period or the rest of their lives. Some research suggests that share may be as high as two-thirds. Yet relatively few older Americans have private long-term care coverage. AHIP, a trade association representing the U.S. health insurance industry, estimates that only 3% to 4% of Americans over 50 have an active policy that covers extended care. Medicare, the main health insurance program for older Americans, generally does not pay for continuing support services in a nursing home or assisted-living community. As the youngest baby boomers approach their mid-60s, many families, couples and individuals may be planning to rely on savings, unpaid caregiving arrangements or Medicaid, the joint state and federal assistance program for the poor. The first two options can prove inadequate, while qualifying for residential care under Medicaid is difficult due to the program's low income and asset limits. Eldercare experts sa
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GNW
News
- Genworth Financial (GNW) had its "outperform" rating reaffirmed by Keefe, Bruyette & Woods. They now have a $10.50 price target on the stock.MarketBeat
- 3 Mistakes That Wipe Out Million-Dollar Nest Eggs, According to a CFP [Yahoo! Finance]Yahoo! Finance
- Richard Donoff Encourages Americans to Prioritize Long-Term Financial Preparedness [Yahoo! Finance]Yahoo! Finance
- Genworth Financial (GNW) was downgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "buy (b-)" to "hold (c+)".MarketBeat
- How Much the Average Upper-Class Retiree Spends Monthly at Age 88 [Yahoo! Finance]Yahoo! Finance
GNW
Analyst Actions
- 3/26/26 - Keefe, Bruyette & Woods
GNW
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/26/26 - Form PX14A6G
- 3/24/26 - Form PREC14A
- GNW's page on the SEC website