Tag: insurance
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Denied long-term care insurance coverage? 5 alternatives to consider
Securing long-term care coverage can be difficult, but there are some alternatives to consider. Getty Images The growing cost of long-term care has become a pressing concern for many Americans, with nursing home expenses averaging over $120,000 annually for a private room and in-home care costs rising steadily — and those costs are only expected…
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3 important insurance types seniors should buy before 2025
There are multiple insurance types seniors should consider buying now, before premiums can rise in 2025. Getty Images When purchasing an insurance policy, the timing surrounding an application is critical to get right. If you apply too late, you may get stuck paying a higher premium for limited coverage. But if you apply too early,…
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Why seniors should apply for long-term care insurance before 2025
Long-term care insurance can cover the costs of in-home caretakers, nursing homes and more. Getty Images In the final weeks of the year, many Americans may find themselves doing a retrospective look at their economic health with an eye toward what can be improved in 2025. A variety of economic factors affected Americans this year,…
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Four arrested in insurance fraud plot with bizarre twist
Four arrested in insurance fraud plot with bizarre twist – CBS News Watch CBS News Nationwide cases of insurance fraud cost the United States about $40 billion a year, according to the FBI. This week in California, four people were arrested in an alleged insurance fraud plot with a bizarre twist. Be the first to…
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4 arrested for faking bear attacks for insurance payouts
4 arrested for faking bear attacks for insurance payouts – CBS News Watch CBS News Four people have been arrested for allegedly carrying out a bizarre insurance fraud scheme where they staged bear attacks inside cars. Authorities say the suspects submitted videos for insurance claims on what they said were bear attacks, but investigators say…
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4 arrested in California for allegedly staging bear attacks to receive insurance payouts
Four arrested in California for allegedly staging bear attacks to receive insurance payouts Four arrested in California for allegedly staging bear attacks to receive insurance payouts 01:40 A group of Los Angeles County residents were arrested after they allegedly staged bear attacks using a costume in order to receive payouts from their car insurance providers,…
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Why millions of Americans could lose health insurance subsidies
Why millions of Americans could lose health insurance subsidies – CBS News Watch CBS News Millions of Americans could lose enhanced subsidies that currently help with the cost of health insurance purchased through the Affordable Care Act’s marketplaces, according to experts. CBS MoneyWatch reporter Megan Cerullo has more. Be the first to know Get browser…
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With ACA subsidies set to expire in 2025, millions of Americans stand to lose health insurance
With Republicans edging closer to gaining control of Congress, millions of Americans may be at risk of losing enhanced subsidies that currently underwrite the cost of health insurance bought through the Affordable Care Act’s marketplaces, according to industry experts and the Congressional Budget Office. The November 5 election gave control of the Senate to Republicans,…