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Long-Term Care Insurance Made Simple

Long-Term Care Insurance Made Simple

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Author: Les Abromovitz
Publisher: Practice Management Information Corporation
Category: Book

List Price: $16.95
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Rating: 4.0 out of 5 stars 4 reviews

Media: Paperback
Edition: 1st
Pages: 220
Number Of Items: 1
Shipping Weight (lbs): 0.9
Dimensions (in): 9.1 x 6 x 0.6

ISBN: 1885987145
Dewey Decimal Number: 368.382
EAN: 9781885987143

Publication Date: November 1999
Availability: Usually ships in 1-2 business days

Accessories:

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Editorial Reviews:

Product Description
Have an extra $40,000 each year that you don’t know what to do with? You or your parents may end up paying this amount or more each year for long-term care, and the costs are escalating rapidly. Don’t let medical expenses ruin your retirement plans. In Long Term Care Insurance Made Simple author Les Abromovitz offers practical advice on whether you need a policy and tells you how to buy the best one for your money.

With anecdotes, humor, and real-life horror stories, Abromovitz makes long-term care insurance easy-to-understand. Each chapter ends with a short summary highlighting key information for you to remember to ask your insurance agent, health care provider or a legal professional. He’ll tell you if a medical expense can be applied as a tax deduction or not. And tells you why hiding your parent’s life savings when faced with the decision to place them in a nursing home does not work. You’ll find out the latest changes in the law affecting long-term care policies. Develop the right financial strategy to protect your family and make sure their money is not at risk.


Customer Reviews:
5 out of 5 stars An objective and fair look at long-term care insurance   December 31, 2003
4 out of 4 found this review helpful

This book offers realistic and objective advice regarding long-term care insurance. The author understands why so many of us procrastinate when it comes to buying a long-term care policy. He really helped me break through the "paralysis of analysis."

I imagine a few long-term care insurance agents won't like the book, because the author tells some war stories from his experience in helping consumers while working for a state insurance department. In fact, the author is a proponent of long-term care insurance and believes that most agents are extremely concerned about the welfare of their clients.

Because he's objective and doesn't work in the insurance industry, I trust his conclusion that long-term care insurance is a very important policy to have, as long as you buy it from someone who is looking out for your best interests. He also offers many ways to save money.


1 out of 5 stars Better than nothing, but not by much   June 23, 2002
David L Adams (Nicholasville, Kentucky United States)
3 out of 4 found this review helpful

This book is too long to provide such a brief overview of long-term care. The message of the book seems to be: you need long-term care insurance. That's it. There is little useful information on how to choose one policy over another and the attempts at financial planning advice would have been better left to someone else. Save the ten dollars. One will fare better with a free government publication.


5 out of 5 stars The Least You Need To Know About Long-Term Care Insurance   August 11, 2001
D. Weisberg (San Jose, CA USA)
4 out of 4 found this review helpful

This is a great book! It succinctly tells what to look for in a long-term care insurance policy. I especially liked the chapter on important policy features. It's like having a checklist that explains what's important and what to look for.

There are other good books on this topic, but nothing so good at helping you shop for the right policy!


4 out of 5 stars Helpful Introduction to Long-Term Care   September 12, 2000
Deborah K Becker (Saint Paul, Minnesota USA)
5 out of 5 found this review helpful

I was pleased to finally find a book that seemed an appropriate introduction to Long-Term Care Insurance. Although I discounted this book one star in its review (because the first chapter is SLOW reading and there are few graphs or diagrams), I must confess that the lack of charts might help the book seem less like a sales presentation and more like fatherly advice. Actually, this book is an excellent choice to provide for YOUR father if he needs a primer on Long-Term Care Insurance; it will make him feel confident when he starts looking at the many companies offering different products.