With LTC, youth not wasted on the young

June 2009
Employee Benefit News;Jun2009, Vol. 23 Issue 7, p46
The article reports on a study by the American Association for Long-Term Care Insurance which revealed that employees who buy long-term care (LTC) insurance under a group plan at the workplace are younger than those who buy on the individual market. The group found that 24% of buyers purchasing coverage through employer-sponsored plan are between 35 and 44 years of age, while 5% purchased on the individual market. It also reported that about 8.2 million Americans have LTC insurance and 400,000 policies are issued annually.


Related Articles

  • Worksite Benefit Boundary Keeps Expanding. Kaplan, Samuel X. // National Underwriter / Life & Health Financial Services;11/22/99, Vol. 103 Issue 47, p20 

    Discusses the expansion of the total compensation package for employees which includes innovative worksite benefit designs. Benefits offered by the expansion; Details on the long-term care insurance offered by companies; Advantages of the expansion.

  • It's never too soon to think long term' for insurance. Hayden, James M. // Fairfield County Business Journal;7/3/2006, Vol. 45 Issue 27, p14 

    The article focuses on the concept of establishing long-term care insurance for employees in Connecticut. Long-term care insurance is one of the fastest-growing benefits in the region. Businessmen can opt to either offer long-term care benefit as an add-on benefit to its employees or fund it...

  • More employers offer LTC cover, but participation rate low: HIAA. White, Roseanne // Business Insurance;10/19/98, Vol. 32 Issue 42, p2 

    Reports on the increasing number of employers who are offering long-term care (LTC) insurance in the United States, according to a report by the Health Insurance Association of America. Average employee participation rate; Factors contributing to the growth of LTC insurance.

  • Long-Term Care As An Employee Benefit. Sammer, Joanne // HR Magazine;Dec2008 SHRM's 2009 HR Trend, Vol. 53, p28 

    The article reports that a growing number of employers have begun offering long-term care coverage as a voluntary benefit that often provides more advantageous group underwriting and rates than individuals can get on their own. According to the 2008 National Compensation Survey conducted by the...

  • Evolving group LTC marketplace brings forth changes. Healy, Dennis // Business Insurance;7/9/2007, Vol. 41 Issue 28, p10 

    The article focuses on the changes taking place at the group long-term care (LTC) insurance market. Group LTC insurance has matured from the days when it was offered almost exclusively by major companies. Even as the benefit has grown in popularity, some insurers have chosen to exit the...

  • Long-term Care Insurance Gains Prominence. Pfuntner, Jordan; Dietz, Elizabeth // Compensation & Working Conditions;Jan2004, pN.PAG 

    Focuses on the growth of long-term care insurance in the U.S. as of January 2004. History of long-term care insurance; Characteristics of long-term care; Differences between long-term care insurance and workplace-provided insurance.

  • Group long-term care insurance helps employees and employers. Koch, Valerie S. // Fairfield County Business Journal;11/22/2004, Vol. 43 Issue 47, p20 

    Focuses on the benefits of group long-term care insurance to employers and employees in the U.S. Features of the employee benefit; Opportunity of companies to retain and recruit employees; Availability of family discounts in the coverage.

  • LTC builds momentum. RIEKSE JR., TOM // Employee Benefit Adviser;Mar2013, Vol. 11 Issue 3, p44 

    The article discusses various aspects of the long-term care (LTC) segment of the health insurance industry. Sales of LTC products are expected to grow in 2013. Factors to be considered when choosing a multi-life LTC offering are presented including premium discounts compared with what a consumer...

  • Long term care short-term benefit. Riekse Jr., Tom // Benefits Selling;Apr2011, Vol. 9 Issue 4, p107 

    The article discusses changes that have taken place in long-term care insurance (LTCI) and offers prospects for 2011. As older and sicker employees gravitate toward coverage, the author says that adverse selection can result from the guaranteed issue nature of group LTC plans. He notes that...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics