The American Association of Long-Term Care Insurance (AALTCI) reports that twenty-five states saw a double-digit jump in the number of residents with long-term care insurance policies in place.
The findings were released as part of the American Association of Long-Term Care Insurance 2011 LTC Sourcebook.
The states with the highest percentage of LTC insurance policy holders include California, New York, Texas, Florida and Illinois. Pennsylvania and Missouri were the only states to experience a decline.
“This tells us that awareness and interest in LTC is growing rapidly,” said Doug Ross, President of EM-Power. “and will likely translate into more employees asking their worksite about LTC benefits.”
Tags: Employer sponsored benefits, Federal long-term care legislation, Financial planning, group long term care, long term care insurance plan, Long-term care, Long-term care education, Wealth preservation | Filed under: Uncategorized, worksite Long Term Care | No Comments »