We’re the Group Long-Term Care Insurance expert in Ohio
Are you a business owner looking for a way to retain and attract employees? We can help with LTC insurance.
Long-Term Care is an Individual and Family Issue
Long-term care (LTC) expenses regularly devastate savings often leaving an individual or surviving spouse impoverished.
◼ Wall Street Journal called LTC costs the largest unfunded risk facing Baby boomers.
◼In 25 years (when many of us might need this type of help or care) a 3 year homecare (based on 56 hours/week) or nursing home event could cost $438K or $618K respectively per person in Westerville, OH.
◼Most would prefer to remain in their own homes for a long as possible. Unfortunately, most do not have the financial
ability to remain at home when faced with an extended long-term care need. Many end up in a nursing home on
Medicaid due to a lack of funds to provide ongoing homecare services.
Long-term care and family caregiving impacts both corporate healthcare costs, disability costs and employee
◼Most workforces average age is 40-50.
◼Average age of a family caregiver is late 40’s and the average caregiving event lasts 4.6 years.
◼Average family caregiver spends 25-30 hours a week…that’s a part-time job on top of their full-time job and their
“other” family duties.
◼Caregivers’ health problems generate $13.4 billion per year in employer healthcare costs.
◼Caregiving costs U.S. businesses more than $33 billion in lost productivity annually, through absenteeism,
distraction, replacement, reduced hours and more.
◼New & unique financial products designed to help finance this issue and protect families and futures.
◼Free access to family caregiving education and resources for employees and family via a corporate-branded caregiving exchange.
◼Team members can take advantage of educational opportunities by attending group sessions, webinars, or a one-on-one consultation. It helps team members and it helps the organization.
We can help pair you and your business with the best possible combination of price and coverage for work site LTC Insurance.
How to get started on your Group Long-Term Care insurance quotes
Either way, we’ll make the process easy!