No. of Recommendations: 1
harveyivory: "I did some reading on this, and as best as I can tell, the premiums on the qualified plan are deductible after the 7% medical threshold is met, which we are not even close to meeting at this time. Is this correct?

Is there any other difference I should be aware of when considering a "qualified" LTC plan vs a "non-qualified" LTC plan?"

I am no expert, but a quick google search found the following:

In addition, as with any insurance agent trying to sell me a new policy, I would want to know about premium pricing, lock-out/exclusion periods, or anything else that might make a claim that would be paid under the current policy not payable under the replacement policy.

Curious to read what others have to write.

Regards, JAFO
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