Long-Term Care Insurance Association Lists Top-10 States For 2016

The top-10 states where individuals have purchased traditional long-term care insurance policy was announced today by the American Association for Long-Term Care Insurance.

Los Angeles, CA, December 18, 2016 --(PR.com)-- The top-10 states where individuals have traditional long-term care insurance policies was reported today by the national long-term care insurance industry trade group.

"We will end the year with some seven million Americans who have traditional long-term care insurance protection and another million who have a linked-benefit product that provides some LTC protection," explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance (AALTCI). The organization maintains the nation's leading online resource for information pertaining to long-term care insurance and annually helps tens of thousands of consumers seeking information on the topic.

According to Slome, 25 states each have over 100,000 residents with long-term care insurance in place. "Obviously, the numbers are still small compared to the large number of people who need long-term care," Slome notes. "There is still a lot of work to be done." Slome was speaking to insurance professionals who specialize in long-term care insurance.

"This is certainly due to the size of California as well as the fact that the state has been very active in making residents aware of the importance of planning," Slome adds. "While the California Partnership program has little relevance to consumers today, in former years it was valuable protection that I strongly advocated and which was actively marketed by insurance professionals."

The top-10 states ranked by the number of policyholders are:
California
Texas
New York
Florida
Illinois
Pennsylvania
Ohio
Virginia
Washington
Minnesota

The American Association for Long-Term Care Insurance is a national organization focused on advocacy and providing consumers with relevant and current information. To learn more about long-term care insurance costs and options visit the organization's website (www.aaltci.org) or call 818-597-3227.
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American Association for Long-Term Care Insurance
Jesse Slome
818-597-3205
www.aaltci.org
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