KIRKLAND, Wash. – June 15 (SEND2PRESS NEWSWIRE) — LTC Financial Partners LLC, the nation’s leading long-term care insurance brokerage representing multiple carriers, announced an early-bird cost minimization program. The aim is to help millions of Americans secure the best long-term care coverage while preserving assets, and eventually deduct the entire premium expense on their Federal tax returns.

LTC Financial Partners
The early-bird program — accessible at — consists of two simple steps:

– First, lock in a low monthly rate while younger and healthier;

– Second, join a lobbying effort for H.R. 2682, the “Long-Term Care and Retirement Security Act of 2005,” to get Uncle Sam to pick up the tab.

Introduced by Nancy Johnson (R-CT) and Earl Pomeroy (D-ND), the bi-partisan legislation is now before the House Ways and Means committee. H.R. 2682 amends the Internal Revenue Code to allow individuals a deduction for qualified long-term care insurance premiums; and use of such insurance under company “cafeteria” plans and flexible spending arrangements. The measure also provides credits for current long-term care needs.

Step one of the early-bird program minimizes insurance costs immediately, before H.R. 2682 passes. “That’s because rates go up as we age, and if we develop serious health problems, we may no longer qualify for insurance at any price,” says Cameron Truesdell, CEO of LTC Financial. “Getting covered early can save many thousands of dollars, and let you breathe a sigh of relief right along, knowing you’re protected.” In step two of the process (lobbying for passage of the House bill) the idea is to reduce an already low cost even more.

As a public service, LTC Financial’s private-sector ombudsmen will help people pursue the two-step process easily. By phone or Internet, those who contact a local LTC expert may request:

– An estimate of savings when they secure insurance “younger and healthier” versus waiting.

– Help in sending a quick message to their representative, urging passage of H.R. 2682.

A list of the LTC experts is available at A long-term care guidebook may also be requested, free of charge.

LTC Financial Partners LLC – 3550 Carillon Point – Kirkland, WA 98033.

News issued by: LTC Financial Partners LLC

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Original Story ID: (482) :: 2005-06-0615-004

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News Source: ACSIA Partners LLC