Long-Term Care Insurance Company Liquidated by State

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[50 percent of policyholders are expected to have claims in excess of what will be paid.] Long-term care insurance policies were initially developed in the late 1960s to supplement Medicare skilled care payments for nursing home care. By 1990 policies had evolved to cover a wide range of non-skilled long term care services including home […]

What Makes a Power of Attorney “Durable”?

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A Power of Attorney is a legal document you use to authorize another person to act on your behalf. The rules governing powers of attorney are generally a matter of state law. Many state laws are based on the Uniform Power of Attorney Act. But the terminology and rules can vary substantially from state to […]

Consolidation Proposed for PA Human Services Agencies

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Governor Tom Wolf is proposing that four Pennsylvania agencies be consolidated into a new Department of Health and Human Services (HHS). The merger would involve the current Departments of Aging (PDA), Drug and Alcohol Programs (DDAP), Health (DOH), and Human Services (DHS). According to a press release issued by the Governor’s office: Seniors will also […]

Social Security Full Retirement Age Increases

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What is Full Retirement Age? Why is it Important? How is Full Retirement Age Changing in 2017? Were you born after January 1, 1955? If so, you should be aware that the Social Security Full Retirement Age is increasing starting this year. This impacts your benefits – and not in a good way. Full retirement […]