LTC planning
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LTC Awareness Month – The Gateway
We are a couple weeks into long-term care awareness month which means that the holiday season is right around the corner. Why do I mention the holidays in a conversation about long-term care? It’s because the holidays are when families come together. Children who do not see their parents on a regular basis are often… Continue reading
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LTC Month Resources
November is long-term care awareness month. Here are some resources that you might find helpful. Continue reading
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It’s time to start
According to estimates from the U.S. Department of Health & Human Services, over half of Americans turning 65 today will develop disabilities significant enough to require long-term support and services. This differs from the oft quoted and heavily criticized statistic of 70% of people age 65 will need some form of long-term support and service… Continue reading
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Plan & Tell
In the long-term care insurance segment, there has been a bunch of noise (might I say criticism) about how one will receive payment for care (either a cash benefit or as a reimbursement benefit). Let’s be serious about this … when you need a source of money for care, does it really matter if it… Continue reading
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OneAmerica Sponsors PBS’s Caregiving
OneAmerica Financial believes that at the heart of insurance distribution lies a powerful truth: every policy delivered, every financial strategy crafted, and every family protected reflects a deep commitment to caregiving — not only in the traditional sense, but in how you care for your clients’ futures. That commitment is why OneAmerica is proud to… Continue reading
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Plan Like Dad
My parents are 20 years older than me. We all have big birthdays coming this year – in June, mom will hit the big 80 followed by dad in September. I’ll be 60 a few days later. My “baby” brother is only 18 months behind me. Why do I share this? That’s my family. When… Continue reading
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The Fed says …
Last week, I shared my opinion that we need to stop battling over which product design is best along with which claims payment methodology is superior. You know the stuff that we battle over inside the product ring. I also stated that we need to put our focus on planning. I’ve put some thought into… Continue reading
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A Planning Problem
Quoting Bill Comfort, “A POLICY IS NOT A PLAN!” A policy is a means for funding a future obligation. That is the purpose for an insurance policy is to help people mitigate financial loss as a result of a certain event occurring. It is a risk management tool. That is all – it is a… Continue reading
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Consider the Cost
Most carriers offer some version of the cost-of-care guide or online tool. I get it. But, why are so many people still sharing the Genworth survey? They haven’t sold a policy in years and are rebranding in an effort to re-enter the market that they had to abandon in order to survive. With so many… Continue reading
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Cost of informal care
As you can tell, I have focused much of my Fridays with Fisher discussions on informal caregiving. This is inspired by the changes to Asset Care where informal care is covered benefit with a zero day elimination period! To learn more about the informal care benefit with Asset Care 2024, contact my internal sales partner… Continue reading
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Your LTC Plan
A few years ago, I shared a similar observation. I did a Google search on “why should I buy LTC insurance”. Once I got past all of the company ads for LTC, I came across a bunch of opinion pieces that were generally “pro-LTC” planning and using insurance as a funding vehicle, One of the… Continue reading
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More About Planning
When most people hear the word long-term care, where does their mind go? Continue reading
Fridays with Fisher 