Group Long-Term Care Insurance
As our population continues to age and live longer, a higher proportion of individuals are likely to require long-term support and services. According to the US Department of Health and Human Services, at retirement age, 70 percent of Americans will need long-term care, and 40 percent will enter a nursing home.*
With the rising health care and nursing home costs, many employers offer long-term care insurance in their group benefits. As a voluntary or employer-paid benefit, group long-term care insurance plans can help protect employees and their families from the financial impact of serious health issues that may require long-term care. At Diversified Brokerage, we can help you find a group long-term care insurance option that will meet your needs.
*2019 US Department of Health and Human Services (www.longtermcare.gov)