2/13/2014 – Long-Term-Care Insurance Priced by Gender

Deciding to buy long-term-care insurance is a big financial commitment — even more so if you are a woman.

Last year, Genworth Financial and other big insurance companies adopted gender-distinct rates for long-term care insurance — which means that if you are a woman, you will now pay more than a man for the same coverage. Long-term-care insurance pays for help with daily activities like bathing and dressing, if you can no longer do them yourself.

Read the full article at The New York Times.