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MAGA is committed to educating the public about long term care insurance. MAGA executives have written articles and conducted interviews for many publications. Additional informative articles about long term care planning can be found below.



Is Short-term Care Insurance Right For You?

May 15, 2013
The Street
By Insurance.com
As insurers hike premiums and make it harder to qualify for long-term care insurance, an alternative is gaining steam: short-term care insurance.

Like long-term care insurance, short-term policies typically cover home care, assisted living and nursing homes when you can't take care of yourself. But instead of paying for years of care, short-term care insurance, also known as recovery care, typically provides benefits for 12 months or less.
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Covering the Rising Cost of Long-Term Care

May 14, 2013
New York Times
By CAITLIN KELLY
FEW sticker shocks are as bracing as the price of hiring someone to help with the simplest activities — bathing, toilet use, dressing, eating and moving. Whether recovering from surgery or a stroke or suffering a chronic illness like arthritis, those needing skilled help need deep pockets indeed.
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Gender Pricing and Underwriting Changes Ushering in Next Generation of LTC Planning

April 2013
NAPFA Advisor Magazine
by Brian Gordon, CLTC

They say that every five to seven years—whether it’s our health or the industry in which we work—things change. The long-term care insurance (LTCI) industry is no exception to that common pattern. In our 38 years in the LTC planning business, we at MAGA, Ltd. witnessed a great deal of evolution, and upcoming pricing and underwriting changes are marking another industry shift.

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Long-term Care Insurance About to Set Fees By Gender

January 27, 2013
Chicago SunTimes
by Terry Savage

Gender discrimination is coming — and it’s perfectly legal. The Long Term Care insurance industry has finally recognized the obvious: Women live longer than men. And because women live longer, they use more benefits from their long-term care insurance policies.

In fact, the most recent figures show that two-thirds of all long-term care claims were paid to females, and 70 percent of the dollars paid out by insurers were paid to women. That’s a significant number, when you realize the industry paid out more than $6 billion in claims in 2011.

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Buyer Beware: 5 Tips For Purchasing Long-term Care Insurance

October 18, 2012
©2012 insurance.com
Be prepared to pay more for less coverage than you would have a decade ago if you're shopping for long-term care insurance.
While some insurers have left the market altogether, others have hiked premiums, made it harder to qualify for coverage, and eliminated the most generous options, such as unlimited lifetime benefits.
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