Businesses

Preserve and protect employees' retirement assets with Long Term Care Insurance

Does Long Term Care impact your company?

  • MEDICAID is strained with over 60% of its budget going to fund LTC related issues
  • BABYBOOMERS are soon hitting the retirement age and the vast majority of them are not protected against one of the greatest financial risk that they have, Long Term Care.
  • COMPANIES are losing revenue because of Long Term Care and are not even aware of the staggering cost to them:
  1. Absenteeism; employees taking time off to take care of ageing family members (by 2015 nearly 50% of the work force will be impacted)
  2. Productivity; while at work employees are calling out to locate a solution for their family members LTC needs.
  3. Employee Retention; Companies loose good employees because employees must quit their jobs to take care of ageing parents. 85% of caregivers are women taking care of their parents at home.
  4. Companies; will have to pay higher taxes in the future to help the State pay for all the uninsured individuals.

Yes! Long Term Care insurance is impacting your company.

Find out why you should educate your employees and their family members on the benefits of Long-Term Care Insurance and the Long-Term Care Partnership Plan.