Association launches campaign focused on long-term care insurance claims


Los Angeles, CA November 26, 2021 – (PR.com) – An awareness and education campaign focused on long-term care insurance claims is launched by the American Association for Long-Term Care Insurance.

“If you want to know how much long term care insurance protection to buy, it helps to know how and how much the insurance benefits are actually used,” explains Jesse slome, director of the long-term care insurance organization. “Information about police claims can be very valuable to consumers who are considering purchasing a policy.”

Every year, insurance companies pay benefits to several hundred thousand people who report long term care insurance claims on their policies. “There’s a ton of information online recommending people buy blanket,” Slome admits. “However, a lot of it focuses on older concepts and, in my opinion, doesn’t help consumers make better decisions.”

The first piece of information released by the Association focuses on the onset of complaints.

According to the Association, some 73 percent of new long-term care insurance claims begin with the policyholder receiving care at home. Some 18 percent start their request by receiving care in an assisted living facility. Eight percent start with care in a retirement home. The data is based on traditional long-term care insurance policies which have made up the majority of policies written over the past three decades.

“The typical consumer associates long-term care insurance with a need for a retirement home,” admits Slome. “And since they don’t really see a retirement home as a risk, that’s one of the reasons they’re not learning more about this protection.”

“You buy insurance to protect yourself against real risks and real needs,” Slome adds. “The risk of needing home care is real. Next, we will look at the reasons why people need home care, the length of time and the cost of care. “

The American Association for Long-Term Care Insurance (AALTCI) advocates the importance of planning and supports insurance professionals who market traditional and hybrid LTC solutions. To obtain long term care insurance costs from a long term care insurance specialist, call the organization at 818 597-3227 or visit their website www.aaltci.org/ltcfacts-2022/ .

Contact details:
American Association for Extended Health Insurance Jesse slome 818-597-3205
Contact by e-mail
www.aaltci.org

Read the full article here: https://www.pr.com/press-release/849830

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