| Send2Press.com • Today is Monday, February 13, 2012 | A Member of the Neotrope News Network |  |
|
|
NEWS ARCHIVES : U.S. and World News :
General Editorial :
Senior Citizen Interests
News
|
Press Release:
Social Security Statement Advises Seniors to Consider Private Long-Term Care Insurance, LTC Agency Reports; Medicare Won't Cover It
 Congress asked for clarification. The Social Security Commissioner, Michael J. Astrue, responded with a letter saying the wording of the Social Security Statement -- found at socialsecurity.gov/mystatement/sample4.htm -- would be changed to make the meaning crystal clear. The section titled "About Social Security and Medicare" now reads as follows (emphasis added):"Social Security pays retirement, disability, family and survivors benefits. Medicare, a separate program run by the Centers for Medicare & Medicaid Services, helps pay for inpatient hospital care, nursing care, doctors' fees, drugs and other medical services and supplies to people age 65 and older, as well as to people who have been receiving Social Security disability benefits for two years or more. Medicare does not pay for long-term care, so you may want to consider options for private insurance." "This clarification is long overdue," says Truesdell. "Only about 10% of those who should have long term care insurance do. Part of the reason may be simple misinterpretation of what the government meant." "It is vital for millions of Americans to do what the statement says, look into private LTC insurance options," Truesdell continues. "There's now no room for doubt. Paying for long-term care is beyond the scope of Medicare. It's also beyond the scope of ordinary health insurance." Truesdell's organization includes about 500 independent long-term care insurance agents. "Our experts are available to advise all Americans and American companies on their options," he says. "In the private sector, we're the people to come to when you need to know whether the insurance is right for you, and which carrier or policy best fits your situation." LTCFP's experts answer questions, by phone or in person, in all states. A listing of them, by state, is available at www.ltcfp.com.
NEWS SOURCE: LTC Financial Partners
Send2Press® is the originating wire service for this story. Terms of Use. © LTC Financial Partners. All trademarks acknowledged.
THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (LTC Financial Partners), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
Journalist Resources:
Download original press release as issued including media contact information for LTC Financial Partners.
Additional News Releases on Similar Topics:
|
Subscribe to Send2Press®
Daily News Releases by E-Mail
Follow Send2Press on Social Sites: 
Additional News from
LTC Financial Partners : » TAX TIP: Get Long-Term Care Insurance NOW to Qualify for Deduction Next Year » Baseball Players Make Healthcare Home Run - Gaining Protection against Rising Long-Term Care Costs » Looking for a New Year's Resolution That's Quick and Easy to Keep? » The Top Ten Reasons Long-Term Care Insurance May Be the Best Holiday Gift Ever
|
||||||||||||||||||||||||||
View our news channels by industry topics, by U.S. States, or by selected U.S. Cities:
|
Terms of Use and License
This "article format" version of the issued press release is Copr. © 1983-2012 Neotrope/Send2Press. You may freely link to this article version of the press release or may use the release text as the basis for an original article or news posting. If the content is copied verbatim via a scraping or copy/paste method, the news item must be properly "attributed" to Send2Press® Newswire as the originating wire service for this story (may not be posted on ANY site selling/offering SEO or PR services, newswire services, or adult content!). |
DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the source. The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this website) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: Social Security Statement Advises Seniors to Consider Private Long-Term Care Insurance, LTC Agency Reports; Medicare Won't Cover It, LTC Financial Partners, CEO Cameron Truesdell, About Social Security and Medicare, long term care insurance, private LTC insurance options, Americans approaching retirement age, LTCFP, press release, Jun 11, 2008. |
|
THIS PAGE MEDIA READS (by media and public, as of today): 3965 times (1 today, 1 this week, 11 this month, 42 this year)
Site Design and Content is Copr. © 1983 - 2011 Neotrope® - All rights reserved. Send2Press® is a reg. trademark and service mark of NEOTROPE.
Press Release Writing | About Send2Press | Meet Our Staff | Contact Us | Our Services | Help Desk | Legal | Privacy | How-To Articles | RSS Feeds | Journalist Tools | Client eMediaKits | Headline Feeds | Podcast | PR News Channels | Daily News Desk | Success Stories | PRTRax™ Reader Tracking | Targeted News Distribution | Internet Marketing Services | Order PR Services | Terms of Service (TOS)