Planning for Long-Term Care in America

12 Questions for 1 Successful LTCI Agent: Anthony Stratidis

LTCI Partners supports all types of agents from the occasional producer to industry leaders like Anthony Stratidis.  Here te talks about business, life and relationships with Agent Sales Journal.

http://www.asjonline.com/Exclusives/2011/6/Pages/12-Questions-for-1-Successful-LTCI-Agent-Anthony-Stratidis.aspx?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+asj+%28Agent%27s+Sales+Journal%29

 

Early Diagnosis of Alzheimer's Disease Can Lead to Better Planning

Interesting article about Alzheimer's disease plus a link to the Alzheimer's association 2011 facts and figures booklet.

Early Diagnosis of Alzheimer's Disease Can Lead to Better Planning.

Can transparency help keep LTC costs down?

One of the complaints about our health care system is that consumers have little insight into the cost for a particular medical procedure - for example, comparing what a hospital charges for a procedure can be difficult to find, and hospitals don't want to share that information for fear that consumers will shop for the best value in coverage.

Perhaps we can learn something from LTC insurers, who have been publishing cost information on home, assisted living and extended care facilities for some time.  The video below from Genworth shows that consumers can negotiate rates, especially when armed with information.  Have you ever used cost of care information to negotiate a better care rate, either for a family member or client?  Add your comments below....

 

 

 

Hartford Business article about linked LTC products

This article features financial advisors discussing linked LTC products - a type of policy that accelerates benefits for LTC needs.

Long-term care insurance: A more efficient approach | Hartford Business.

Linked products and riders and an important addition to traditional LTC programs, and are growing fast.

LTC Insurers Seek Younger Customers - Distribution - Life and Health Insurance News

 

"Long term care (LTC) insurers and producers are trying to persuade consumers under age 35 to consider buying LTC insurance, or at least to think about why they might want the product later in life"....

LTC Insurers Seek Younger Customers - Distribution - Life and Health Insurance News.

500,000 Long-Term Care Insurance Applicants Expected | PRLog

This press release from the American Association for Long-term care Insurance discusses how there will be 500,000 new applicants for LTC Insurance in 2011.

Too often press on LTC insurance focuses on how sales declined over a certain year-over-year period.  However, it is important to realize that each year the number of policyholders increases every year of year because of the high persistency of policyholders - they continue to hold onto policies even through rate increases and recessions. 

500,000 Long-Term Care Insurance Applicants Expected | PRLog.

How to Have Enough Money When You Live Into Your 90s, or Longer - WSJ.com

Article from the Wealth Advisor section of the WSJ that discusses some of the myriad impacts of living to 90 - or beyond.  Anything they are missing?  Comment below...

How to Have Enough Money When You Live Into Your 90s, or Longer - WSJ.com.

Analysis: Caregiving Hits Men’s Earnings Harder - Distribution - Life and Health Insurance News

Article summarizes MetLife study on negative effect of caregiving on men's earnings

Analysis: Caregiving Hits Men’s Earnings Harder - Distribution - Life and Health Insurance News.

Proposed California LTC rate law may have unintended consequences

If California passes a law that limits rate increases on LTC policies, will it just result in higher premium increases later?  Many industry and trade groups think so, and are actively working to make sure the legislation is not passed.  Take a look at the member e-mail to NAHU members below....


CAHU: URGENT REQUEST FOR CAHU MEMBER ACTION ON AB 999.

Protect and Serve: What Advisors Should Know about Women and Long-Term Care - Long Term Care Insurance - Agent's Sales Journal

Olympic Gold Medalist Wendy Boglioli is a passionate advocate for LTC - here she addresses advisors on how to look at current trends in LTC and how they specifically affect women.

Protect and Serve: What Advisors Should Know about Women and Long-Term Care - Long Term Care Insurance - Agent's Sales Journal.