41. UNUM also has been the leader in long-term care insurance, and the new company will offer that coverage to former Provident customers. 42. --A new deduction to offset part of the cost of long-term care insurance. 43. Allow tax deductibility of long-term care insurance. 44. As a retiree, or someone nearing retirement, you probably have been told that you need long-term care insurance. 45. Bush wants to provide an income tax deduction to anyone buying long-term care insurance. 46. Grassley has proposed several measures, including tax deductions to encourage people to buy long-term care insurance. 47. Long-term care insurance promoted by many insurance companies is often not an option for older people, although it may be for their Boomer children. 48. Long-term care insurance covers a certain amount of custodial care for the elderly or sick in their own homes, or in nursing homes. 49. Long also stresses the importance of buying long-term care insurance, preferably for both people in a marriage. 50. The bill includes popular tax breaks for people buying health coverage on their own and for long-term care insurance. |