Many employers are deciding it is more cost effective to contribute to the premium for a worksite LTCI plan rather than incurring costs due to caregiver absences and distractions.
Tag: American’s retirement plans
May 21
Barbara’s Decision
After buying a long term care policy 10 years ago, Barbara doesn’t have to worry about burdening her children with the cost of her care.
May 15
Ask Your Employer to Offer Long-Term Care Insurance
Ask your employer to offer long-term care insurance that is qualified for the Long-Term Care Partnership to employees 18+ to help your family AND your state budget.
Mar 19
How Old are People When They Need Long-Term Care?
Last week we established that most long-term care doesn’t happen in a nursing home. Most of it is provided by a primary caregiver in the home. That caregiver is usually a woman, and she could be a daughter or daughter-in-law or a spouse. She could even be a mom, like my cousin who took six …
Mar 11
The New Directions of LTCI
The New Directions of LTCI (written for Agent Sales Journal, January 2010 issue) Research from McKinsey & Co. finds that the average American family will face a savings gap of $250,000 at the time of retirement. Even with payments from Social Security and pensions, as well as personal savings in 401(k) and other retirement plans, …
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