Millennials Confused About Long Term Care Insurance Planning
"We have seen a marked increase in the number of young men and women calling for and requesting online information pertaining to long term care insurance," cites Jesse Slome, executive director of the American Association for Long Term Care Insurance. The industry trade group was established to provide educational information to consumers and connect those seeking costs with knowledgeable long term care insurance professionals.
"The ideal age to learn more about long term care insurance is your mid-50s," Slome explains. "That is when you are most likely to be able to health qualify for this protection and premiums also are still highly affordable. Waiting until after age 65 often results in a decline due to health or significantly higher costs."
Over the past 60 days the Association reports receiving a significant increase inquiries by Millenials. This is the demographic cohort with birth years from the early 1980s to the early 2000s. "It's true that accidents among young people can result in the need for long term care but the risk is extremely small so the increase in interest was a bit perplexing," Slome notes.
Conversations with many of the younger individuals revealed a general lack of understanding regarding long term care and a confusion between this form of protection and traditional health care. "The good news is that younger people are seeking information and for the Affordable Care Act to be successful, younger people will need to participate," Slome adds. "Planning starts with education and awareness so this all represents a very positive step."
The Association's director noted staff would be on hand to answer inquiries and to help individuals seeking long term care insurance costs and costs comparisons. For additional information call the organization at (818) 597-3227 or visit their website at http://www.aaltci.org. The organization does not sell insurance nor recommend specific long term care insurance companies.
The American Association for Long-Term Care Insurance http://www.aaltci.org is the national trade organization focused on educating individuals about the importance of planning for the risk of long term care.
American Association for Long-Term Care Insurance
3835 E Thousand Oaks
Westlake Village, CA 91362
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Millennials Confused About Long Term Care Insurance Planning here
News-ID: 276358 • Views: 5081
More Releases from Association Marketing
40 Sessions Set For Association's Virtual Long Term Care Insurance Conference
An extensive program focused on the marketing and selling of long term care insurance and hybrid long term care solutions has been set for the American Association for Long Term Care Insurance's 2014 national conference. "In addition to the several hundred who will be attending the actual event, we expect several thousand insurance agents and financial advisors will be viewing sessions broadcast live from the LTC Summit," announced Jesse Slome, executive
Long Term Care Insurance State Tax Deduction Guide Published
Long term care insurance premiums may be fully tax deductible for individuals and a growing number of states now offer deductions and even tax credits to those purchasing this important coverage. According to the American Association for Long-Term Care Insurance, the national trade organization, tax deductibility gives individuals and business owners one very important reason to consider ways to address future long term care needs. “Americans are living well into their 80s,
Increased Broken Bones Among Boomers Is Precursor Of Future Long-Term Care Needs
A new study suggests that the number of baby boomers visiting hospital emergency rooms for broken arms could rise by nearly a third by 2030. That is when the youngest baby boomers will have just turned 65. The scientists reported that 370,000 cases of fractures in the humerus bone of the upper arm occur each year in both the United States. While younger individuals between the ages of five
Obesity Linked To Longer Hospital Stays And Long Term Care Need
Researchers reported a relationship between obesity and the duration and frequency of hospital stays in the United States. The scientists found that hospital stays for obese persons tended to be one and a half days longer than those with normal weight. They concluded that the more frequent and longer stays were the result of common diseases. They noted that 46 percent of obese adults have high blood pressure.
More Releases for Care
Advanced Wound Care Market
According to the report published, the advanced wound care market size was valued at $9.25 billion in 2019, and is estimated to reach at $15.30 billion by 2027, registering a CAGR of 11.6% from 2020 to 2027. The report provides a thorough analysis of changing market trends, key investment pockets, major segments, value chains, and leading market players. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/903 Surge in geriatric population, increase in incidences of diabetes,
Interactive Patient Care
In 2018, the global Interactive Patient Care market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. This report focuses on the global Interactive Patient Care status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Interactive Patient Care development in United States, Europe, China, Japan, Southeast
Personal Care Ingredients Market : Skin Care, Hair Care, Oral Care, Makeup, and …
Personal care includes a wide range of products, such as toothpaste, soaps, facewash, repair face cream, and others, that are used by individuals to maintain personal hygiene and improve their appearance. Personal care products are used on a daily basis by individuals, and are made from ingredients obtained from both natural and synthetic sources. Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/4333 Natural ingredients for personal care includes coconut oil, shea
Skin Care Products Market
The global skin care products market demonstrates a highly competitive business landscape, states a new research report by Transparency Market Research (TMR). The leading vendors of skin care products are focused on maintaining their stronghold on this market through their diverse product portfolio, which they are continuously updating to cater to the specific demands of their customers. In addition to premium products, the emphasis on offering budget products has also
Lotus Eye Care Hospital
Lotus Eye Care Hospital Lotus Eye Care Hospital- Company Profile & Financial Analysis” contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is
Organic Personal Care Products Market for Skin Care, Hair Care, Oral Care and Co …
"The Latest Research Report Organic Personal Care Products Market for Skin Care, Hair Care, Oral Care and Cosmetics - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" Organic personal care products are manufactured from natural ingredients of plant extracted under eco-friendly conditions. Products include under body care, facial care and