Tag Archive: employee benefit advisors

Jul 15

True Group vs. Multi-Life

Size matters.   When we say that about half of the long-term care insurance policies were bought at work, we are talking about a combination of true group and multi-life.  Multi-life generally applies to companies with less than 100 employees but can extend several hundred  What is the difference? Multi-life LTCI is simply an individual long-term …

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Jan 07

What Happened to the New Government Program That Was Supposed to Pay for Long-Term Care?

The Community Living Assistance Services and Supports (CLASS) Act was a provision in the 2010 health care reform act (Public Law 111-148) that was supposed to provide an average benefit of $50 a day depending on the level of impairment with a lifetime (unlimited) benefit period. This benefit would grow each year based on Urban …

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Sep 19

LTCI Tax Incentives for Employer-Sponsored Plans

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.

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Aug 23

The Impact of Long-Term Care on the Employer

Many employers have come to recognize that long-term care insurance can be “productivity insurance.”

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