Transamerica’s Newest Long Term Care Insurance Product Available for Sale
Transamerica’s newest Long Term Care Insurance product, Trans Care III, is now available in all 36 interstate compact states across the US.
Opportunity for Solutions 
Long term care planning is an important component of preparing for retirement and despite the market concerns about the industry, the company emphasized their belief in the “tremendous opportunity for long term care solutions” in their latest product announcement.
Transamerica is now giving quotes and taking applications for the product, which includes a number[…]
Long Term Care in Utah
Utah lies in the West and provides residents with scenic views in nearly every corner of the state, from desert valleys to dense forests. The semi-arid climate leads to extreme temperatures during the various seasons; however, Utah, unlike most of the midwest, is spared from frequent thunderstorms. The economy relies largely on tourism and the people in Utah are some of the healthiest in the country according to various reports. Utah is frequently named as one of the best states to live in according to Gallup polls, and Forbes recently named it as one of the best states for business. Long[…]
New Study Suggests Video Games May Improve Cognitive Skills
A video game designed by researchers may help improve cognitive skills and enhance memory, according to a new study. Results of the study, published yesterday in the journal Nature, showed that seniors who played a game called NeuroRacer showed marked improvements in certain cognitive functions, including attention span and ability to multitask.
Cognitive Decline
It’s no secret that as we age, our cognitive abilities diminish. Researchers at the University of California, San Francisco were interested in seeing how challenging the brain can slow that cognitive decline.
Studies on dementia and cognitive[…]
American Stroke Association Advocates Long Term Care Access for All Stroke Patients
A policy statement released by the American Heart Association and American Stroke Association emphasized the importance of an integrated stroke system, which includes access to long term care services for all stroke patients.
Key Components
The 25 page policy recommendation was released last week and includes key concepts and components of a modern stroke system. The document emphasizes integration and coordination of the various phases of stroke care in order to create a better functioning stroke system.
Dr. Higashida, co-chair of the writing group, explained that the suggested concepts are meant[…]
A Better Way to Buy Long Term Care Insurance
We’ve all heard some variation of this story: after years of paying premiums on time, someone files a claim with their insurance company, only to be denied benefits and cheated out of the coverage they deserve. No matter what type of insurance, this has happened to consumers, and long term care insurance buyers haven’t been spared. These stories are not blanket warnings against policies, however, although some people choose to use them as so. Rather, they are tools to help us make wiser decisions about how to buy insurance.
Choose Wisely
Many people bought long term care insurance policies when they first[…]
Transamerica Announces New Long Term Care Insurance Policy TransCare III
Beginning in September, Transamerica’s newest long term care insurance policy, TransCare III, will be available for sale across the nation.
Next Generation
TransCare III represents what Transamerica calls the “next-generation of Long Term Care insurance”. As life expectancy increases, technology improves, and health care gets more expensive, long term care insurance providers are making adjustments to react to the new cost environments.
The new policy will be available for individual sales in all Interstate Compact states on September 10th, 2013. The company is seeking approval from the Departments of Insurance in all other states and plans to begin sales in those states upon approval.
According[…]