Many mistakenly believe government programs will cover long-term care costs, which may be why a mere 20% have taken any steps to find LTC insurance.
Tag: health care
LIMRA says that retirees can expect to pay 13% of their income each year in retirement on health care and long-term care expenses.
Out-of-pocket costs, notably for Medicare, are expected to rise—and take a bigger bite of retirees’ savings, says a new report by the CRR.
Employers can manage HDHPs, promote enrollment and satisfy compliance requirements through a single partner.
A significant number of Americans underestimate how much they are likely to spend on health care in retirement, according to a recent Financial Engines survey.
A survey reveals issues employees have with open enrollment season.