Long-Term Care Insurance Association Marks 20th Anniversary of Awareness Month
The American Association for Long-Term Care Insurance is marking the 20th anniversary of Long-Term Care Awareness Month. "A month dedicated to creating awareness of this vital issue that impacts millions of Americans made enormous sense back in 2001," shares Jesse Slome, director of the... - November 03, 2021
Length of Long-Term Care Need Data Shared by AALTCI
Data on the length people may need long-term care was shared by the American Association for Long-Term Care Insurance. The information was reported as part of the organization's focus on Long-Term Care Awareness Month. "We believe an educated consumer is in everyone's best interest,"... - October 30, 2021
Long-Term Care Insurance Association Campaign Scores Awareness
The first consumer awareness campaign in conjunction with 2021 Long-Term Care Awareness Month has generated national media attention. The effort was undertaken by the American Association for Long-Term Care Insurance. "We hoped to kick-off Long-Term Care Awareness Month in a big way and I'm... - October 29, 2021
Long-Term Care Insurance Association Offers Awareness Month Banners
Banner artwork for Long-Term Care Awareness Month (November 2021) is being made available by the American Association for Long-Term Care Insurance (AALTCI). "This marks the 20th anniversary for the event which we created to generate heightened awareness among both insurance professionals and... - October 20, 2021
A Third of Long-Term Care Insurance Home Care Claimants Recover Reports AALTCI
Almost one in three individuals with long-term care insurance policies who initiate a home care claim recover, according to the American Association for Long-Term Care Insurance (AALTCI). "Many individuals mistakenly believe that most long-term care insurance claims are for care in skilled... - October 07, 2021
Washington Long-Term Care Insurance Options Ending Soon
Available long-term care insurance options for Washington state residents looking to request an exemption from the new tax are about to end. According to the American Association for Long-Term Care Insurance (AALTCI) consumers will soon find few, if any, options. "Consumers are mistaking the... - August 04, 2021
Long-Term Care Insurance Policy Sales Reported
The number of individuals purchasing traditional long-term care insurance in 2020 declined from prior years, according to the American Association for Long-Term Care Insurance (AALTCI). "Some 49,000 individuals purchased a traditional long-term care insurance policy," shared Jesse Slome,... - June 26, 2021
Long-Term Care Insurance Companies Limit Options for Washington Residents Reports AALTCI
Individuals looking for an exemption to avoid Washington State's new long-term care insurance tax will find fewer options according to the American Association for Long-Term Care insurance. "There are now only two traditional long-term care insurance companies offering policies through... - June 18, 2021
Long-Term Care Insurance Companies Change Rules for Washington Applicants Reports AALTCI
Washington residents will soon face an added payroll tax unless they have long-term care insurance coverage in place. According to the American Association for Long-Term Care Insurance three leading insurers have just changed their policies for applicants. - May 30, 2021
Latest Long-Term Care Insurance Claims Data Shared by AALTCI
The average time from when an individual purchases long-term care insurance until they start a claim is just over 14 years according to the American Association for Long-Term Care Insurance (AALTCI). "Long-term care insurance pricing presumes you pay a smaller amount for a period of time and... - May 19, 2021
New Data Should be Shared with Couples Advocates Long-Term Care Insurance Association
The latest examination of long-term care insurance claims among couples shares valuable insights into how often spouses claim benefits. According to the American Association for Long-Term Care Insurance, actual usage is greatly exceeding prior expectations. - May 07, 2021
Higher Long-Term Care Insurance Couples Discount Ending Reports AALTCI
As an inducement for couples to both purchase long-term care insurance, discounts of up to 30 percent have been available. "Leading insurers offer significant discounts for married couples or partners," explains Jesse Slome, director of the American Association for Long-Term Care... - May 01, 2021
Care Issues for Medicare Beneficiaries Reported by Long-Term Care Insurance Association
Nearly half of Medicare beneficiaries living at home report one disability posing a potential need for care reports the American Association for Long-Term Care Insurance (AALTCI). "When you live a long life, there is a real risk that you'll need assistance with daily activities like walking,... - April 23, 2021
Insurance State Guaranty Updated Levels Posted by Long-Term Care Insurance Association
Consumers who purchase insurance are not aware of important protections in the very rare case that an insurer faces financial failure shares the director of the American Association for Long-Term Care Insurance (AALTCI). "Anyone with a bank savings account has heard of the FDIC which ensures... - April 18, 2021
Time Expiring for Washington Residents in 30s and 40s to Avoid New Tax Warns Association
The nation’s first public state-operated long-term care insurance program starts imposing taxes January 2022. Employed individuals in Washington who want to avoid the new tax have only a few weeks left to explore the only available option according to the American Association for Long-Term... - April 02, 2021
Long-Term Care Insurance Tax Deductible Limits Compared
Premiums for long-term care insurance may be tax deductible but the applicable amounts can vary according to the American Association for Long-Term Care Insurance. Examples of tax deductible applicable premiums compares traditional and linked-benefit long-term care insurance options. - March 31, 2021
Long-Term Care Insurance Association Addresses Health Qualification Issues
Consumers can get important information on health conditions that may be acceptable when applying for long-term care insurance. According to the American Association for Long-Term Care Insurance consumers want to avoid being declined for coverage due to existing or prior health issues. - March 27, 2021
Home Care Insurance Video Library Launched for Agents by Long-Term Care Insurance Association
Insurance agents who market short-term care and home care insurance solutions will benefit from a new video library being hosted by the American Association for Long-Term Care Insurance. - March 11, 2021
Discount Offers for Seniors Made Available by Long-Term Care Insurance Association
Savings and discounts that can benefit seniors are now being made available by the American Association for Long-Term Care Insurance. - February 22, 2021
Long-Term Care Insurance Association Partners to Help Consumers with Claims Problems
The American Association for Long-Term Care Insurance has announced a special effort to support and assist insurance policyholders with claims questions or a need for greater assistance in the long-term care insurance claim filing process. - February 20, 2021
Long-Term Care Insurance Policy Usage Projections Reported by AALTCI
The likelihood of using a long-term care insurance policy purchased at age 65 is 50 percent according to data released by the American Association for Long-Term Care Insurance. - February 19, 2021
Number of Linked-Benefit Long-Term Care Insurance Policies Grows Reports AALTCI
The number of in-force linked-benefit annuity or life insurance policies has likely surpassed 600,000 according to the American Association for Long-Term Care Insurance. AALTCI's director shares comparative prices for consumers. - January 30, 2021
2020 Long-Term Care Insurance Paid Claim Payments Rise Reports AALTCI
In 2020 the nation's long-term care insurance companies paid out a record $11.6 Billion in claim benefits, according to data reported by the American Association for Long-Term Care Insurance. - January 28, 2021
Long-Term Care Insurance Cost of Waiting Index Released by AALTCI
The cost of delaying when you purchase long-term care insurance can be as much as 147 percent according to new data released by the American Association for Long-Term Care Insurance (AALTCI). "The cost for long-term care insurance is based on your age when you apply among other factors,"... - January 21, 2021
Avoid Overpaying for Long-Term Care Insurance Advises AALTCI
There continues to be a significant spread in pricing for long-term care insurance according to the 2021 annual price index released by the American Association for Long-Term Care Insurance (AALTCI). “The costs for virtually identical coverage can be significant,” states Jesse Slome,... - January 16, 2021
2021 Long-Term Care Insurance Price Index Released by AALTCI
The 2021 long-term care insurance Price Index for consumers age 55 was released by the American Association for Long-Term Care Insurance. AALTCI's director shares cost-saving approaches for consumers. - January 14, 2021
Long-Term Care Insurance Policy Persistency Exceeds 95 Percent Reports AALTCI
Most individuals who have purchased long-term care insurance keep their policies in force according to a report from the American Association for Long-Term Care Insurance (AALTCI). "Over 95 percent of policyholders keep their coverage in force because they understand the enormous value of... - January 10, 2021
Association Director to Host Webinar for National Long-Term Care Insurance Agency
A special 30-minute webinar addressing home care insurance solutions will be presented by the director of the American Association for Long-Term Care Insurance (AALTCI). "The COVID condition has made one thing very clear to millions of consumers age 50 and older," explains Jesse Slome,... - January 08, 2021
MDRT Professional Association Discount Renewed by AALTCI
The special discount for agents joining or renewing membership in the Million Dollar Roundtable has been renewed by the American Association for Long-Term Care Insurance. - January 02, 2021
Home Care Insurance Options in Georgia and Colorado Explored by Long-Term Care Insurance Association
Two new videos explore home care insurance options available for older Americans residing in Georgia and Colorado. The videos were produced by the American Association for Long-Term Care Insurance (AALTCI). "When you live a long life, the chances you'll need care become highly likely,"... - December 31, 2020
Best Long-Term Care Insurance Present to Give Your Adult Children Recommended by AALTCI
The eight million Americans who have long-term care insurance protection were given a holiday reminder by the American Association for Long-Term Care Insurance (AALTCI). "Let your adult children know you have purchased this important protection, it's one of the greatest gifts you can give... - December 27, 2020
Americans Spend Record Amount Out-of-Pocket for Nursing Home Care Reports Long-Term Care Insurance Association
Americans spent a record $45.6 Billion out of pocket for nursing home care an increase over prior years reports the American Association for Long-Term Care Insurance (AALTCI). "While Medicare and Medicaid continue to pay the majority of nursing home costs, individuals and families are... - December 24, 2020
Home Care Expenditures Growing Reports Long-Term Care Insurance Association
Over $113 Billion was spent on home care services in 2019; a significant increase over prior years reports the American Association for Long-Term Care Insurance (AALTCI). "As millions of Americans age and require support services, they prefer to receive care in their own home," explains... - December 23, 2020
COVID-Experience Creating New Insurance Sales Opportunities for Agents
COVID has changed the way seniors want to plan for long-term care insurance cites the head of the American Association for Long-Term Care Insurance (AALCTI). the organization posted a new video for insurance agents and brokers. - December 20, 2020
Alzheimer's Dementia Risk Reported by Long-Term Care Insurance Association
The estimated lifetime risk for Alzheimer's dementia at age 45 was approximately one in five for women and one in 10 for men according to the American Association for Long-Term Care Insurance (AALTCI). The risks for both sexes rise slightly at age 65. "By 2050, the number of Americans age 65... - December 18, 2020
New Long-Term Care Insurance Policy Prices Rise 42.5 Percent Over Five Years Reports AALTCI
Costs for new long-term care insurance policies have risen by 42.5 percent compared to costs five years ago according to the American Association for Long-Term Care Insurance. AALTCI's director shares cost-saving approaches for consumers. - December 17, 2020
Long-Term Care Insurance Decline Rates Reveal Importance of Planning Early
A significant percentage of older individuals who applied for long-term care insurance were declined coverage by the insurance company according to the latest data. "Individuals mistakenly believe they can purchase long-term care insurance at any age and without regard to existing health... - December 12, 2020
New Video Posted for Long-Term Care Insurance Agents
A new video discusses post-COVID planning opportunities for insurance agents helping customers with long-term care insurance planning. The American Association for Long-Term Care Insurance director sites a need for new planning approaches. - December 10, 2020
Long-Term Care Insurance Association National Awareness Effort Launched
The American Association for Long-Term Care Insurance has launched a consumer awareness campaign in support of November's Long-Term Care Awareness Month. "Our first campaign is focusing on the importance and value of insurance that pays for care in the policyholder's own home," explains... - November 14, 2020
22 Million Long-Term Care Insurance Prospects Reports AALTCI
There are some 22 million Americans between ages 55 and 70 who are prospects for long-term care insurance reports the American Association for Long-Term Care Insurance director as part of the organization's Long-Term Care Awareness Month research. - October 30, 2020
Long-Term Care Insurance Deduction Limits Increase by Up to $420
Long-term care insurance tax-deductible limits have just been increased offering seniors as much as $420 in additional deductible benefits according to the American Association for Long-Term Care Insurance. “Tax deductibility for those purchasing certain government-approved long-term care... - October 29, 2020
Long-Term Care Insurance Association Director Shares Claims Insights
The latest information regarding long-term care insurance claims was shared during a conference call by the American Association for Long-Term Care Insurance director. - October 25, 2020
Long-Term Care Insurance Association Adds Awareness Month Tools
Special Long-Term Care awareness Month marketing tools are being made available by the American Association for Long-Term Care Insurance. - October 16, 2020
Long-Term Care Insurance Association Applauds Biden Incentive Proposal
The American Association for Long-Term Care Insurance (AALTCI) has announced it applauds and supports the increased tax incentives proposed by Presidential candidate Joe Biden. "America has no plan to help individuals deal with the very real and very costly need for long-term care... - September 26, 2020
Hybrid Long-Term Care Insurance Comparison Focus of Association Initiative
The American Association for Long-Term Care Insurance is undertaking a campaign to educate consumers about hybrid long-term care insurance policies and the important differences between policies. - September 25, 2020
COVID-19 Impact On Long-Term Care Insurance Purchasing Decisions Discussed by AALTCI
A new published report from the American Association for Long-Term Care Insurance investigates how Covid-189 is impacting new applicants for long-term care insurance. - August 22, 2020
Will Campaign 2020 Address Need for Long-Term Care Insurance Discussion Posits AALTCI Director
The American Association for Long-Term Care Insurance reports that most long-term care Support Services are paid for my Medicaid and other taxpayer funded programs. How will Presidential candidates propose dealing with the ever-pressing issue? - August 20, 2020
Long-Term Care Insurance Companies May Decline Medical Marijuana Applicants Reports AALTCI
The American Association for Long-Term Care Insurance reports that some insurance companies will automatically reject applicants who have been medically prescribed marijuana. - August 15, 2020
Why Millionaires Need Long-Term Care Insurance Planning Discussed by AALTCI Director
A record number of U.S. households can claim millionaire status and despite what one may think, they need some long-term care planning says the director of the American Association for Long-Term Care Insurance (AALTCI). "There were over 8.3 million millionaire households at the end of 2019... - June 04, 2020
During COVID-19 Long-Term Care Insurance Agents Should be Partnering with Professionals
The American Association for Long-Term Care Insurance director shares why COVID-19 calls for a new conversation about LTC planning. - May 30, 2020