American Association for Long-Term Care Insurance Association Offers Free Guide

A free guide describes ways to reduce the cost of long-term care insurance by 20-to-50 percent annually. The guide is offered by the American Association for Long-Term Care Insurance, the industry trade group.

Los Angeles, CA, May 31, 2011 --( Some 10 million Americans currently require long-term care according to the American Association for Long-Term Care Insurance with annual expenditures exceeding $200 billion.

Experts expect the number of individuals needing care will grow significantly in the next decade as the 76 million baby boomers begin to turn 65. To educate individuals about the importance of long-term care planning and ways to make insurance protection more affordable, the organization is making available a free informational guide.

"Few people are aware of the discounts available that can make long-term care insurance quite affordable," explains Jesse Slome, the organization's executive director. "It is possible to reduce the cost by between 20-and-50 percent yearly simply by knowing what savings and discounts are available from leading insurance companies."

Each year according to new studies by the organization, some 420,000 individuals purchase long-term care insurance. "In today's economic times, buyers want to take advantage of every possible opportunity to save," explains Slome. Rates for virtually identical coverage can vary by as much as 60-to-70 percent the expert points out.

Discounts are available when applicants meet certain health qualifications. Non-smokers may qualify for savings and couples or partners who apply for protection may be eligible for savings, even when only one individual obtains insurance coverage.

The guide, "Potential Ways To Reduce The Cost of Long-Term Care Insurance" can be accessed online. No sign-up or personal information is required to access the information. To access the free guide, visit the Association's Consumer Information Center.

American Association for Long-Term Care Insurance
Jesse Slome