Los Angeles, CA, August 04, 2013 --(PR.com
)-- The executive director of the American Association for Long-Term Care Insurance appeared on PBS televisions Nightly Business Report yesterday as part of a three-part series exploring long term care.
"With 10,000 baby boomers retiring every day the nation is facing a long term care crisis as millions will need this form of care," declares Jesse Slome, executive director of the long term care insurance industry trade group. "Kudos to PBS for taking the time to do more than superficial reporting on the topic which is of enormous importance to the nation."
"The segments correctly advised people to start planning in their 50s when costs are still affordable and when they can health qualify," Slome explained. "We say the sweet spot for long term care insurance planning is between ages 54 and 64."
The Nightly Business Report is an award winning nightly news program that airs on public television stations nationwide. "We hope that as a result of the shows, people have a greater understanding of the issues they face," Slome notes. "When someone needs long term care, there are really only three options; turn family members into caregivers, pay for outside help or use insurance to pay for some or all of the care you will need. People must understand living a long life comes with consequences."
Established in 1998, the American Association for Long-Term Care Insurance advocates for the importance of long term care planning and supports insurance professionals who market the complete range of planning products.
Read four consumer guides providing helpful information on planning and reducing long term care insurance costs. They can be accessed on the Association's website at www.aaltci.org/guides and no information is required to access these guides. To connect with a designated long term care insurance professional, a member of the Association, for information and no-obligation cost comparisons call the organization's at 818-597-3227.