Insurance company Conseco transferred many of its long-term care policies to a trust because of the enormous costs associated with supporting these policies, according to a news report.

Four advocacy groups launched a $1 million advertising blitz on Tuesday urging President-elect Barack Obama to focus on healthcare reform during his first 100 days in office.

Many consumers are ill-informed about Medicare and Medicaid's role in long-term care, and greater planning could help reduce the danger of soaring Medicaid costs, according to a new report from America's Health Insurance Plans.

Roughly 82% of Americans believe in significantly changing the U.S. healthcare system, citing experiences with disorganized doctors, expensive insurance and unnecessary treatments as reasons for change, according to a new survey.

The House Energy and Commerce subcommittee on oversight and investigations Thursday explored new worrisome findings regarding rate-setting and claims-settling practices in the long-term care insurance industry.

Adding a long-term care benefit to the Medicare program would be a favorable way to help address the impending challenges related to the aging baby-boom generation, healthcare experts say in a new Commonwealth Fund/Modern Healthcare survey.

The average national cost of a private nursing home room inched up 2.2% this year, rising to $76,460 (or $209 per day), according to the latest annual survey results from Genworth Financial. The average cost of a one-room assisted living unit, meanwhile, jumped 11%, to $36,090.

Stephen McConnell, VP for advocacy and public policy, Alzheimer's Association

The raiding of resident trust funds and theft of insurance checks by staff are perhaps the two most significant fraud/embezzlement problems in long-term care. What is your advice for guarding against them?

Nursing home providers and legislators in Oklahoma have different opinions about new legislation requiring nursing homes to carry at least $250,000 in liability insurance.