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Insurance Marketplace Benefits 2012

Long-Term Care

With the aging of the U.S. workforce and the overall "graying of America," employees have become increasingly aware of the high cost of long-term care for dependents. These costs can include but are not limited to nursing home care not covered by insurance or Medicare, assisted-living facilities that provide some mobility and security services, home health care, and senior day care. Long-term care insurance offsets those costs with schedules of benefits, often linked to inflation paid for long-term care facilities, community or home-based care. Long-term care insurance is most often sold on a voluntary basis, though employers may provide a base amount of coverage as an incentive to employees to elect higher levels of coverage. These insurers provide group or individual long-term care insurance and support services:

 

American Association for Long Term Care

Guaranty Income Life Insurance Company

MedAmerica Insurance Company

TransAmerica Employee Benefits

Trustmark Voluntary Benefit Solutions



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