If Congress passes the Senior Health Planning Account Act, it will provide seniors another option for long-term care expenses. If the bipartisan bill passes, it could save taxpayers billions of dollars. Nationally recognized senior care advocate Chris Orestis weighs in with this article.
LTC Planning Specialist, Karry Ballinger, CLTC, writes about the opportunity to begin a conversation on planning options with our clients.
Here is a great flowchart courtesy of Kerry Peabody, CLU, CLTC highlighting which type of LTC insurance solution might be a good fit for your clients.
Many people don’t know exactly what this type of insurance is or what kind of benefits it provides. Whether you’re a consumer or an advisor still unable to take that first step into any long-term care conversation an advisor has with a client – hope these set of starter questions will be of help.
The financial costs of long-term care do not directly flow from the need for care. The financial cost of care is secondary, it flows from the need to reduce or relieve the personal caregiving burden on those you love. Read this blog article to understand the two sets of consequences when a client needs extended care.