Last Minute Travel Discounts Promoted by Association
Several last minute travel deals that can save seniors more than 50% have just been announced by the American Association for Long-Term Care Insurance. "These are some fabulous cruises and we know that seniors like to travel and also to save," states Jesse Slome, director of the... - October 31, 2024
2025 Tax Deductible Limits Long-Term Care Insurance
The IRS has announced increased 2025 tax deductible limits for long-term care insurance according to the American Association for Long-Term Care Insurance. “Tax deductibility of tax-qualified long-term care insurance premiums remains one of the best kept secrets in financial planning,”... - October 30, 2024
New Short-Term Care Insurance Has Some Attractive Features Commends AALTCI
The latest short-term care insurance policy introduced to the public offers several things that will make it attractive to both consumers and agents reports Jesse Slome, director of the American Association for Long-Term Care Insurance. "There are a number of reasons why I've been a long-time... - October 09, 2024
Latest Disability Rate After Age 65 Shared by Long-Term Care Insurance Association
Almost half of Medicare beneficiaries have either one or two disabilities according to data shared today by the American Association for Long-Term Care Insurance (AALTCI). "The disability risk among seniors is important information for two reasons," explains Jesse Slome, had of the... - September 22, 2024
Latest Long-Term Care Insurance Claims Data Provides Insights Reports AALTCI
Latest Long-Term Care Insurance Claims Data Provides Insights A just-published report from the Connecticut Partnership for Long-Term Care Insurance can provide some valuable insights explains Jesse Slome, director of the American Association for Long-Term Care Insurance. "Connecticut remains... - September 18, 2024
Year End Savings Can Save Seniors Thousands on Overseas Travel Plus Association Discount
Travel is on the rise in 2024. However, some segments of the travel industry are still recovering from the significant downturn caused by the COVID-19 pandemic. As a result, there are some significant bargains available for those able to book last minute 2024 travel. The savings can be especially... - September 11, 2024
Women Are More Likely to Need Paid Long-Term Care Services Insurance Association Reports
Just over half of women age 65 and over will need paid long-term care services according to data shared by the American Association for Long-Term Care Insurance (AALTCI). “Women are more likely to need long-term care because they generally live longer lives," explains Jesse Slome,... - July 27, 2024
Long-Term Care Insurance Specialists Nationally Should Worry About Washington State Initiative
This November, we will closely watch whether Washington State voters repeal the recently enacted long-term care insurance program declared Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI). “Washington’s long-term care insurance program started... - June 26, 2024
Long-Term Care Insurance Policy Purchase to Claim Timeline Data Released
The average individual starts a long-term care insurance claim some 190 months after purchasing their coverage according to new data released today by the American Association for Long-Term Care Insurance. “Long-term care insurance provides benefits should you require care in your own home... - May 15, 2024
New Report Reveals Ages When Long-Term Care Insurance Claims Begin
The vast majority of long-term care insurance claims begin after age 80 according to a new report released today by the American Association for Long-Term Care Insurance. “If you live a long life the chances are very high that you’ll eventually require care,” explains Jesse... - May 12, 2024
Washington Voters Pivotal to Long-Term Care Insurance Future
Washington State became the first state with a mandatory public long-term care insurance program for workers. Workers began seeing monies deducted from their paycheck in July 2023. This November, workers along with all Washington State voters, will have the opportunity to vote on continuing or... - April 27, 2024
Report: Three Long-Term Care Insurance Companies Grew Over Past Decade
Three long-term insurance companies increased the number of covered lives over the past 10 years according to data reported today by the American Association for Long-Term Care Insurance. “Mutual of Omaha, Northwestern Mutual and New York Life all reported more covered lives than a decade... - March 21, 2024
Long-Term Care Insurance Association Releases 2024 Short-Term Care Price Index
A 65-year-old female seeking $55,000 of home care benefits would pay $65 in monthly premiums according to the 2024 Short-Term Care Insurance Price Index released today by the American Association for Long-Term Care Insurance. “Short-term care insurance is an increasingly viable option for... - March 20, 2024
Insurance Agents Selling Annuity Products Have New Leveraged Long-Term Care Options
Agents who have senior clients with fixed annuities should consider converting those annuities into leveraged long-term care annuities suggests Jesse Slome, director of the American Association for Long-Term Care Insurance. Slome delivered a special presentation earlier today. “This is a... - March 06, 2024
Long-Term Care Insurance Expert Shares Annuity Planning Strategy for Seniors
Seniors who own non-qualified annuities are an excellent prospect for agents marketing long-term care planning solutions suggests Jesse Slome, director of the American Association for Long-Term Care Insurance. “Millions of Americans make annuities part of their retirement strategy, and... - February 25, 2024
U.S. Long-Term Care Insurance Companies Paid $14B in 2023 Claims
The nation’s long-term care insurance companies paid out a record $14.1 Billion to policyholders on claim in 2023. The data was revealed today in a new report from the American Association for Long-Term Care Insurance (AALTCI). “There were over 350,000 individuals who received claim... - January 25, 2024
Long-Term Care Insurance Costs Remain Relatively Level for 2024
Costs for traditional long-term care insurance coverage are level compared to the prior year according to the 2024 Long-Term Care Insurance Price Index released today by the American Association for Long-Term Care Insurance. “In some cases, prices decreased a little compared to the prior... - January 22, 2024
Linked Benefit Long-Term Care Insurance Prices Drop Up to 27 Percent
Costs for linked benefit long-term care insurance coverage are lower than a year ago according to the 2024 Long-Term Care Insurance Price Index released today by the American Association for Long-Term Care Insurance. “Great news for aging individuals who are thinking about their risk of... - January 11, 2024
2024 Long-Term Care Insurance Price Index Published
The annual Long-Term Care Insurance Price Index was pre-released today by the American Association for Long-Term Care Insurance. “People have many misconceptions about long-term care insurance and we post data to help them better understand what can be a confusing topic,” states Jesse... - December 29, 2023
Long-Term Care Insurance 2024 Tax Deductible Limits Announced
The IRS has announced decreased tax-deductible limits for long-term care insurance for 2024 according to the American Association for Long-Term Care Insurance. “This is a significant change in practice after yearly increases,” states Jesse Slome, director of the American Association... - November 15, 2023
Long-Term Care Insurance Association Makes Awareness Month Banners Available
Banner artwork for agents to use to promote Long-Term Care Awareness Month (November) is being made available by the American Association for Long-Term Care Insurance. “This marks the 22nd anniversary for the event that we established to generate heightened awareness among both consumers and... - November 08, 2023
2023 Linked Benefit Long-Term Care Insurance Prices Up to 15% Lower Reports AALTCI
Good news for consumers considering long-term care insurance protection. Costs for linked benefit long-term care policies are generally between 10 and 15 percent lower than a year ago according to the annual price index released today by the American Association for Long-Term Care Insurance... - March 09, 2023
2023 Long-Term Care Insurance Price Index Released by AALTCI
Costs for long-term care insurance in 2023 show little change from the prior year according to the annual price index released today by the American Association for Long-Term Care Insurance (AALTCI). "Premiums for buyers are virtually identical to last year; some are actually slightly... - March 08, 2023
Long-Term Care Insurance Paid Claims Grow in 2022 Reports AALTCI
Long-term care insurance companies paid out a record $13.25 Billion in 2022 according to the American Association for Long-Term Care Insurance (AALTCI). “Claim benefit payouts for policyholders with traditional long-term care insurance coverage grew from $12.3 Billion in 2021,” reports... - February 17, 2023
2023 Overseas Adventure Travel Discount Offer Announced by AALTCI Director
A special $1,000 savings has just been promoted to insurance agents and advisors by the American Association for Long-Term Care Insurance. According to Jesse Slome, director of the AALTCI, the special coupon code will enable those booking new land tours or cruises to receive a $1,000 credit. The... - February 13, 2023
Long-Term Care Insurance Association Renews MDRT Discount Membership Offer
A special discount for agents joining or renewing their Million Dollar Roundtable membership has been renewed for 2023 by the American Association for Long-Term Care Insurance. "The best way to grow long-term care insurance market penetration in the United States is to have as many passionate... - January 22, 2023
Impact of Secure Act and Long-Term Care Insurance Provisions Discussed
The SECURE Act 2.0 was signed into law on December 29, 2022. According to the American Association for Long-Term Care Insurance one provision contained within the new measure benefits those considering the purchase of LTC insurance. “Any legislative action designed to make long-term care... - January 13, 2023
Long-Term Care Insurance Rate Increase Data Shared by Association
Updated information focused on long-term care insurance rate increases has been shared by the American Association for Long-Term Care Insurance. "Inflation is not the cause of rate increases," cites Jesse Slome, director of the organization. “There are a variety of factors that... - November 10, 2022
Long-Term Care Insurance Association Provides Free Awareness Month Banners
National Long-Term Care Awareness Month (November) kicks off next week. To help insurance professionals create awareness the American Association for Long-Term Care Insurance is releasing a series of social media banners. "A grassroots effort focused on consumers is vital and that’s why... - October 29, 2022
Increased Long-Term Care Insurance Tax Deductible Limits Reported by AALTCI
Increased tax-deductible limits for long-term care insurance have been announced for 2023 according to the American Association for Long-Term Care Insurance. “One of the little-known benefits for certain long-term care insurance is the ability to deduct some or all of the cost during... - October 20, 2022
Long-Term Care Insurance Association Releases Awareness Month Logo
November is national Long-Term Care Awareness Month. To support insurance professionals using the month to create awareness, the American Association for Long-Term Care Insurance has released the 2022 LTCAM banner. "The month was established in 2001 to create heightened awareness of the... - October 19, 2022
Long-Term Care Insurance Sales Will Benefit from Legislation Moving Forward Predicts AALTCI
The just released final text of the Enhancing American Retirement Now (EARN) Act maintains the positive feature that will increase sales of long-term care insurance predicts the American Association for Long-Term Care Insurance. "The bipartisan measure passed the Senate committee in June and... - September 10, 2022
Long-Term Care Insurance Association Offers Claims Problem Assistance
Consumers with questions regarding their long-term care insurance claims are being assisted as part of a new initiative undertaken by the American Association for Long-Term Care Insurance. "People who purchased long-term care insurance years ago are starting to need benefits and starting to... - July 28, 2022
Long-Term Care Insurance Applicants Skew Younger Due to Washington Program Reports AALTCI
Ages when individuals purchased long-term care insurance dropped in 2021 according to Jesse Slome, director of the American Association for Long-Term Care Insurance. "The change can be fully attributed to the fact that younger people in the State of Washington applied in record numbers in... - July 20, 2022
Nearly Half of Oldest Long-Term Care Insurance Applicants Are Declined by Insurers Reports AALTCI
Nearly half of individuals who apply for traditional long-term care insurance after age 70 have their applications declined by an insurer according to Jesse Slome, director of the American Association for Long-Term Care Insurance. "Consumers simply are not aware of the need to health-qualify... - July 17, 2022
Consumer Actions Following Long-Term Care Insurance Premium Rate Increases Reported by AALTCI
The overwhelming majority of consumers experiencing a premium increase on their long-term care insurance chose to pay the higher premium. The findings of a new analysis were released today by the American Association for Long-Term Care Insurance. "Between 50 and 60 percent of policyholders... - May 18, 2022
Hybrid Long-Term Care Insurance Tips for Business Owners Shared by AALTCI
A new video shares tips for business owners considering hybrid long-term care insurance. Posted by the American Association for Long-Term Care Insurance, the video focuses on ways to maximize the tax-deductible benefits. "Business owners continue to overlook some of the enormous tax... - May 06, 2022
Long-Term Care Insurance Association Launches Linked-Benefit Video Library
An online video library focused on linked-benefit long-term care insurance has been launched by the American Association for Long-Term Care Insurance. “Around half of the consumers phone calls we currently receive involve questions about linked benefit long-term care insurance... - April 16, 2022
Long-Term Care Insurance Options After Age 75 Explained by Association
New information will educate individuals age 75 or older who are considering long-term care insurance. theAmerican Association for Long-Term Care Insurance will assist consumers seeking information and comparisons of leading linked-benefit long-term care insurance. "We regularly hear from... - April 14, 2022
2022 Linked-Benefit Long-Term Care Insurance Price Index Released by Association
The first price index comparing leading linked-benefit long-term care insurance costs and benefits was released today by the American Association for Long-Term Care Insurance. "With linked-benefit policies now outselling traditional long-term care insurance, consumers are requesting more... - April 06, 2022
Long-Term Care Insurance Association Launches New Linked Benefit Resource Center
A new online resource center focused on linked benefit long-term care insurance has been launched by the American Association for Long-Term Care Insurance. "Linked benefit long-term care insurance is now the favored choice of consumers buying protection," states Jesse Slome, director of... - April 01, 2022
Medicare Pays More for Long-Term Care Reports Association
Medicare paid $28.1 billion for skilled nursing facility services in 2020. The information was shared today by the director of the American Association for Long-Term Care Insurance. “The latest information from the just-published report to Congress reveals some important information worth... - March 20, 2022
Long-Term Care Insurance Association to Launch New Claims Resource Center
A new Long-Term Care Insurance Claims Resource Center is being launched by the American Association for Long-Term Care Insurance. "We are receiving an increased number of questions from consumers and hearing from more family members who are having difficulty getting claims approved for their... - February 18, 2022
Nursing Home Care Expenditures to Grow Reports Long-Term Care Insurance Association
Out-of-pocket paid expenditures for nursing care facilities will grow significantly in the years ahead according to the American Association for Long-Term Care Insurance. "Total national expenditures are predicted to grow to $266.2 billion by 2028," states Jesse Slome, director of the... - February 05, 2022
2022 Short-Term Care Insurance Consumer Primer Posted by Association
An educational primer describing short-term care insurance and 2022 pricing examples has been released by the American Association for Long-Term Care Insurance. "Short-term care insurance is one of the best kept secrets for men and women who have issues when it comes to long-term care... - January 26, 2022
Long-Term Care Insurance Claims Paid Data Shared by Association
An analysis of over 5,000 long-term care insurance found that 80 was the mean age at time of claim according to the American Association for Long-Term Care Insurance. "People understand why they may need long-term care insurance," states Jesse Slome, director of the American Association... - January 23, 2022
2022 Long-Term Care Insurance Price Index Released by AALTCI
The annual price index for new long-term care insurance policies was published today by the American Association for Long-Term Care Insurance (AALTCI). “Prices for new long-term care insurance have remained stable,” reports Jesse Slome, AALTCI’s director. The annual report... - January 07, 2022
Home Care Provider Ad Opportunities Announced by Long-Term Care Insurance Association
National and regional home care services are being offered a special opportunity to reach consumers via the American Association for Long-Term Care Insurance’s website. "The vast majority of consumers want and receive long-term care in their own home,” explains Jesse Slome,... - January 05, 2022
Association Extends Overseas Adventure Travel Discount Offer for 2022
The special discount offer program with leading tour organizers was extended for 2022 by the American Association for Long-Term Care Insurance (AALTCI). “We know that our members and seniors who like to travel also like to save,” says Jesse Slome, AALTCI’s director. “We are... - January 03, 2022
Long-Term Care Insurance Claims Paid in 2021 Grow by $700 Million Reports AALTCI
The nation’s long-term care insurers paid out $12.3 Billion in claims during 2021. That represents a significant increase over prior years according to the American Association for Long-Term Care Insurance (AALTCI). “Take note if you doubt the value of long-term care insurance... - December 29, 2021