Long-term care insurance rates go up for new federal enrollees

Premiums in the long-term care insurance program for federal and military personnel, retirees and certain family members have increased, with no prior notice, for those newly buying coverage. The Office of Personnel Management has said that rates rose as of Aug. 1 for new enrollees in the Federal Long Term Care Insurance Program, which offers […]

The State Financial Security Scorecards

A new analysis indicates that Americans in nearly every state will fall far short in meeting their economic needs in retirement. The State Financial Security Scorecards research project gauges the retirement readiness of future retirees in each of the fifty states and the District of Columbia in three key areas: anticipated retirement income; major retirement […]

Bigger May Be Better for Health Insurers, but Doubts Remain for Consumers

Deals among the nation’s largest health insurers in recent weeks have been almost head-spinning. But whatever the details, if the combinations are finalized, the result will be an industry dominated by three colossal insurers. Consumer advocates, policy experts and former regulators say that what may be good for the insurers may not be good for […]

Financial Security for Future Retirees: Florida Scores 3 out of 10

Florida like every state faces challenges to the financial security of future retirees. The state’s 3 out of 10 score on the Financial Security Scorecard means that the next generation has a much lower potential for financial security in retirement than counterparts in many other states. The scorecard considers: future income, key retiree costs, and […]