Tag Archives: Long Term Care insurance

1. Maine Medicaid: What’s Your Plan Part II

   In my last blog, (Maine Medicaid: What’s Your Plan?) we talked about Medicaid/MaineCare financial qualification. It boils down to this – you can ask the state for help, but before they’ll help you, you need to spend … Continue

2. Maine Medicaid: What’s Your Plan?

   by Kerry L. Peabody, CSA, CLTC, a Long Term Care Insurance Specialist with Clark Insurance “I don’t want the state to take everything I have.” I often hear this when I begin discussing Medicaid with my clients. … Continue

3. Long Term Care Insurance: Possible LTC Tax Deductions

   Good, informative article from the Macdonald Page (Portland area CPAs and management advisors) newsletter on long term care insurance. They talk about tax deductions, policy options and what’s generally covered. Good first steps if you’re thinking about … Continue

4. LTC Insurance: Investing Instead of Buying Long Term Care Insurance?

   “I think I’ll just invest the money ever year, instead of spending it on long term care insurance. That way, I’ll have enough money to pay for care myself.” by Kerry Peabody Often, a client sees the … Continue

5. Long Term Care Insurance: Some in Maine Can Self-Insure

   “Why can’t I just pay for my own long term care?” I get that question frequently, and the answer is: you can. Self-insuring, or simply deciding you’ve got enough money on hand to pay for your own … Continue

6. Q. Dear Lynn, I visited my folks over Christmas and  it’s clear that they could use the sort of help I would provide if I lived nearby.  Like getting the tree back outside, or shoveling. My mother shovels … Continue

7. Long Term Care Insurance: Too Expensive?

   “Long term care insurance is too expensive.” I hear that sometimes. But is it, really? How much does it cost? You don’t really know, do you, until you sit down with an LTC Specialist to discuss what … Continue