27
Feb

Claimant Satisfaction

Posted By: Stephen D. Forman, CLTC | Categories: Research & Reports, Claims

Claimant Satisfaction 

Expenditures on long term care in the United States now exceed $225B each year. While the lion's share is paid by Medicaid (>60%), no small number of private policyholders exist (7.2M) who may one day turn to one of dozens of ins...

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6
Sep

Transgender Underwriting

Posted By: Stephen D. Forman, CLTC | Categories: Terminology & Language, Health & Underwriting

While the LGBT community has in the past faced challenges with respect to Medicaid, Social Security and pension plan benefits, the LTC insurance industry has reached out to help fill the void. As one example, carriers have long offered same-sex and domestic partner discounts to help recognize the needs of a community ...

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26
Feb

Long Term Care Trust Act - Worth The Cost?

Posted By: Gary D. Forman | Categories: Medicaid & Medicaid Planning, Research & Reports, Government & Public Policy, Industry Trends & Forecasts, Case Studies, Miscellaneous Op-Ed, Insurance Professionals & Financial Advisors, LTC Awareness, Long Term Care Trust Act, LTSS, LTCTA

Washington state's Long Term Care Trust Act is a first-of-its-kind publicly-funded program to reimburse eligible long-term services and supports (LTSS).  The program will be funded by a payroll tax collected by employers on behalf of every adult W-2 employee. The rate will begin at 0.58% (fifty-eight hundredths o...

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19
Mar

Deduct Your Long Term Care Insurance Premiums - Pay Through Your Business

Posted By: Gary D. Forman | Categories: Features & Benefits, Research & Reports, Miscellaneous Op-Ed, Rates & Rate Stability, LTC Awareness

One of the most effective ways to save on long term care insurance is to take advantage of the tax savings afforded to tax-qualified long term care insurance policies. 

As an individual, you can deduct the premium that exceeds 10% of your Adjusted Gross Income (AGI) up t...

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13
Mar

No Single Solution

Posted By: Stephen D. Forman, CLTC | Categories: Research & Reports, Government & Public Policy

As if the name itself weren't a giveaway, take a look at the logo for the Bipartisan Policy Center: red and blue arching toward one another. And so it is that we half-expect the conclusions of its LTC Initiative (begun December, 2013) to appeal to everyone and please no one at the same time.

...

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