Simple LTC Solution: How to Protect Your Life’s Savings with a Long-Term Care Partnership Program - Couverture souple

CLTC, Scott A. Olson

 
9781980586371: Simple LTC Solution: How to Protect Your Life’s Savings with a Long-Term Care Partnership Program
Couverture souple
ISBN 10 : 1980586373 ISBN 13 : 9781980586371
Editeur : Independently published, 2018

Synopsis

The insurance industry does not want you to read this book. This book gives you knowledge from an insider. This knowledge will empower you to take simple steps that can protect your life’s savings from long-term care expenses. In 2005, Congress passed legislation that gave each state the authority to develop "Long-Term Care Partnership Programs". These programs are a partnership between the federal government, your state government, select insurance companies, specially-trained insurance agents, and you. These programs encourage the middle-class to purchase an amount of long-term care insurance that is equal to their net worth. If their policy runs out of benefits they can apply for Medicaid to pay for their care and all of their assets can be protected from Medicaid (both while they are alive and even after they pass away.) You can target how much long-term care insurance you need based upon how much of your assets you want to protect from Medicaid. If you want to protect more savings you can buy more benefits for a higher premium. If you have less savings you can buy less benefits for a lower premium. It's an equitable and affordable solution for those who want to plan ahead.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The insurance industry does not want you to read this book. This book gives you knowledge from an insider. This knowledge will empower you to take simple steps that can protect your life’s savings from long-term care expenses. In 2005, Congress passed legislation that gave each state the authority to develop "Long-Term Care Partnership Programs". These programs are a partnership between the federal government, your state government, select insurance companies, specially-trained insurance agents, and you. These programs encourage the middle-class to purchase an amount of long-term care insurance that is equal to their net worth. If their policy runs out of benefits they can apply for Medicaid to pay for their care and all of their assets can be protected from Medicaid (both while they are alive and even after they pass away.) You can target how much long-term care insurance you need based upon how much of your assets you want to protect from Medicaid. If you want to protect more savings you can buy more benefits for a higher premium. If you have less savings you can buy less benefits for a lower premium. It's an equitable and affordable solution for those who want to plan ahead.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Independently published
Date d'édition
2018
Langue
anglais
ISBN 10 
1980586373
ISBN 13 
9781980586371
Reliure
Broché
Nombre de pages
142
Coordonnées du fabricant
Manufactured by Amazon on behalf of the author
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