Ben Lipson
1 A Book for all health care Professionals
I found the book to be very readable and informative. It took the mystery out of long term care insurance, by explaining in detail who would benefit from it and process of applying for the insurance. I also liked the book because it was written from the conumer's perspective. It can serve as an invaluable resource for all health care workers.
2 There has to be a better reference
While Lipson's book identifies many important factors in idntifying the benefit options of long term care insurance policies, he does little to compare companies. He brings up key questions like comparison of claim rates, lapse ratios, and loss ratios, but does not provide the answers or identify where to get this information. He talks about misleading risk statistics but does not identify the actual statistics. While I have a better understanding of benefit options, I would be unable to "Choose the Right Long Term Care Insurance" without researching this subject further.
3 J. K. Lasser's Choosing the Right Long-Term Care Insurance
People over 50 and their adult children should read this book. It answers the important questions about long-term care insurance and it helps people plan for their future. Among the many surprises: 40 percent of people don't need long-term car insurance. Using the back of the book as a key, you can pretty well determine if you or your parents will or won't need it.
The book is easy to understand, many of the brief examples are sad but true, and there's also some humor.
I think this book can help many people stay independent, remaining at home rather than going into nursing homes.
4 A must have.
My parents are getting to the age where long term care is an issue. I bought this book to help break the ice on our conversations and I am so glad I did. I now know about the different options available to us, but perhaps more importantly, what to expect from the insurance companies during the application process. That is invaluable. My parents loved the overriding goal of the book which is how to keep your dignity and independence. If you're considering long term care insurance, get this book first.
