Long-Term Care Insurance
Long-term care insurance is essential to retirement planning.
Like most people, you have probably insured your home, car, health, life and maybe your paycheck. However, a lifetime of savings and investments can be wiped out by the unexpected event of long-term care (LTC).
Long-term care insurance provides advice to families in a logistical and emotional crisis and the cash to pay for expensive care. While investments are designed to make money grow, the purpose of long-term care insurance is to build a fence around retirement portfolios and to keep families from becoming poor.
Start planning today while you are younger and healthier. Take the next step to educate yourself. The resources provided help explain the issue of LTC and also shed light on how the insurance works.
Questions & Answers about Long Term Care
Jeffrey V. Merwin, CLU, RHU, Director of LTC Brokerage
Jeff Merwin has more than 22 years in the financial services industry, working in both individual and group insurance markets. He also partners with financial advisors and insurance professionals to help implement long term care planning strategies.
His value to consumers and advisors’ clients in long-term care planning includes the underwriting qualification process, contract evaluation, plan design suitability, and planning strategies to implement the most efficient long-term care plan.
He has been a featured speaker and a state CE instructor at local chapter meetings of Maryland Association of Health Underwriters, National Association of Insurance & Financial Advisors, Financial Planning Association of Maryland, and Maryland Association of CPAs.
Phone: 410-312-0003 x232 • Cell: 410-952-1780 • jeff.merwin@capitolmetro.com
3rd Party Publications
- The Sandwich Generation, those caught between their aging parents and young children, includes some 20 million Americans.
- Take Long Term Care - May 2008 (Smart Money) (pdf)
- When Inheritance is Negative - Jan 22, 2008 (Wall Street Journal) (pdf)
- Consider Long-Term Care Insurance Now - The Savage Truth (Chicago Sun-Times) (pdf)
Cost of Care Resources
Government Resources
- www.hcfa.gov - Now called CMS (Centers for Medicare and Medicaid Services) this site offers important information about these programs.
- Medicare & Long-Term Care
- Own Your Future Campaign, a national clearing house for long-term care information
Care Provider Resources
- www.caregiving.org - Offered by the non-profit National Alliance for Caregiving. It provides links to professional organizations in the caregiving field.
- www.carescout.com - Provides vacancy listings and quality ratings for over 46,000 nursing homes and other facilities.
- www.elderweb.com - Is a link site to a variety of services and products families may need.
- www.alz.org - The official site for the Alzheimer's Association.