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Long Term Care
: Millions in Workplaces May Get Long-Term Care Insurance, According to Industry Leader Offering Special Report
Press Release:
Millions in Workplaces May Get Long-Term Care Insurance, According to Industry Leader Offering Special ReportThe report will be made available to benefit brokers and major employers under an agreement with EraNova Institute.
 KIRKLAND, Wash., May 23, 2012 (SEND2PRESS NEWSWIRE) -- Today LTC Financial Partners, LLC (LTCFP) announces an agreement with EraNova Institute to distribute a special report on the future of long-term care insurance (LTCI) as an employee benefit. The report will be made available by LTCFP to selected employee benefit brokers, human resource managers, and heads of business and non-profit organizations. Titled "The LTC Benefit Battle," the EraNova document is based on interviews with leaders in the insurance, healthcare, and employee benefit fields. "This report is quite significant," says Cameron Truesdell, CEO of LTCFP, "because it paints an accurate, bright picture for long-term care protection in American workplaces. And it answers questions about the viability of LTCI as an employee benefit." Some carriers have withdrawn from the group LTCI market, fueling fears that the benefit might be losing favor. "But the industry is merely adjusting and regrouping, as the report finds," Truesdell says. "There's a struggle going on between two types of the benefit, group LTCI and voluntary multi-life LTCI. Both have a future but multi-life is set to come on strong." With multi-life LTC insurance, there is no master policy as with the traditional group benefit. Individual policies are issued to each insured member, and there is usually greater flexibility in policy design. "Multi-life fits today's dynamic, fast-evolving organizations," says Truesdell. "It can work with as few as three employees or as many as tens of thousands." The 12-page report sees a large market potential for multi-life based on its value to three constituencies. For employees it protects earning capacity as well as retirement assets. For employers it bolsters productivity of an aging workforce and helps retain the best talent. For Uncle Sam and the states it reduces reliance on Medicaid to pay for care. Benefit brokers, human resource managers, executives and association directors may request complimentary copies from the following LTCFP representatives: CA: Michael Scoles - 408-264-1759 CA: Jim Valentine - 408-792-0540 CA: Todd Stein - 415-861-5088 CA: Sarah Fisher - 510-230-4301 CA: Paula Taylor - 510-763-5002 CA: Laura Weber - 714-674-0190 CA: Jeffrey Flanzer - 805-701-0085 CA: Sandra Stanley - 888-316-8919 CA: Phyllis Solgere - 909-627-5587 CA: Petra Petry - 949-351-0347 CT: Leonard Wik - 860-432-1870 CT: Steve Foss - 860-539-0674 CT: Larry Golfin - 860-677-4075 FL: Janet Washburn - 239-404-7590 FL: George Braddock - 305-378-8091 FL: Jerry Grubba - 727-515-1910 FL: Strother Hammond - 813-215-1524 FL: Mike Rou - 904-276-9583 GA: Amy Pollock - 404-237-1189 GA: Belen Hickman - 404-245-2444 ID: Linda Hicks - 208-331-2803 IL: Bobbi Foster - 630-513-0034 IL: Cheri Davis - 773-531-0669 IL: Robin Frank - 773-774-2600 IN: Kirk Bennett - 260-969-1310 MI: Marybeth Bayer - 734-222-9882 MI: Tom Varner - 810-796-2405 MN: Jennifer Ragborg - 952-898-2750 MO: Keith Eisberg - 573-303-3007 MO: Wendy Rinehart - 816-886-2358 NE: Larry Neuwirth - 308-635-2023 NE: Larry Heinert - 402-339-8643 NJ: Gary Melnikoff - 201-265-1958 NJ: Richard Landau - 201-476-0880 NJ: Michael B. FitzPatrick - 973-968-3394 NY: Ronald Brie - 212-799-3900 NY: Michael Robinson - 516-612-4936 NY: Ray Donnelly - 516-747-1809 NY: Gene Cutler - 516-869-6767 NY: Jay Charno - 516-935-4029 NY: Jennifer Lenihan - 631-262-7167 NY: Susan Lenihan - 631-262-7167 NY: Sheila White - 631-893-4040 NY: Dana Dee - 716-983-1316 NY: Virginia Lee Kintz - 866-582-6074 NY: Steve Brefere - 914-234-7767 OH: Pattianne Baran - 216-409-0859 OH: John Cullen - 419-797-9210 OH: Thomas Hodges - 513-519-6010 OH: Brenda Gray - 513-541-3968 OK: Samuel Walker - 405-816-0868 OR: Diane Steeves - 503-297-7677 PA: Anthony Camill - 412-445-6171 PA: Ted Soslow - 610 642 3332 PA: Cathy Allen - 610-588-0852 PA: Kevin Bressler - 610-783-6970 SC: Pamela Loesch - 843-856-4141 TN: Mark Wardell - 901-337-4146 TN: Teresa Will - 931-619-1852 TX: Madeline Wade - 214-295-8926 TX: Kat Roebuck - 281-431-4033 TX: Kim Beckham - 361-579-9663 TX: Kay Nettles - 713-466-4614 TX: Bill Holland - 817-283-7221 VA: Penny Gilbert - 703-281-0914 VA: Patricia O'Neill - 703-534-3255 VA: George Polizos - 757-291-8505 VA: Michael Zuchowski - 757-467-1354 VA: Joel James - 757-478-5819 VA: Linda Sotirion - 757-646-6820 VT: Tod Warner - 802-985-4930 WA: Lucille Smith - 206-877-3456 WA: Jonas Roeser - 425-284-4863 WA: Helen Boyer - 425-557-5372 WA: Christine Khemis - 888-582-5364 WI: Lynette Schiefer - 920-434-4559 WV: Deborah Bailey - 304-744-0111 National: Mario Sestito - 518-587-2821. For $50 per copy, the report is also available from the Long-Term Care Insurance Guild (a service of EraNova), at http://ltcguild.ning.com/page/ltcbb. A shortened version is scheduled to appear this summer in Employee Benefit Adviser, a leading trade journal for human resource and benefits decision makers as well as brokers, advisers and consultants. LTC Financial Partners LLC - http://www.ltcfp.com - is one of the nation's largest long-term care insurance agencies, offering LTC education and solutions for worksites as well as individuals. In California the company is known as LTC Partners & Insurance Services. LTCFP's Worksite Division -- http://www.worksiteacademy.com -- offers opportunities for employee benefit brokers and LTCI agents wishing to focus on worksite needs. The company is a proud supporter of the 3in4 Need More campaign - http://www.3in4needmore.com. EraNova Institute - http://www.eranova.com - is a think tank specializing in business research and public relations. - Photo Caption: LTC Financial Partners CEO Cameron Truesdell.
• For more information, visit: http://www.ltcfp.com
NEWS SOURCE: LTC Financial Partners LLC
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REFERENCES: Millions in Workplaces May Get Long-Term Care Insurance, According to Industry Leader Offering Special Report, EraNova Institute, 3in4 Need More campaign, Long-Term Care Insurance Guild, LTC Partners and Insurance Services. LTCFP Worksite Division, The LTC Benefit Battle, Seattle Washington, long term care, HR, benefits, LTCi, press release, May 23, 2012. |
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