LTC Bullet: New Brochure on LTC Insurance

Thursday December 6, 2001


***This Bullet is sponsored by "protecting assets and preserving independence with long-term care insurance exclusively for more than 13 years." For more information, contact Superior LTC Insurance Agency, Inc. ( or toll-free at 1-800-400-0577) or visit online. Thanks so much to for its generous support of the Center and commitment to keeping LTC Bullets free to everyone. Won’t you help too? Go to to sponsor an LTC Bullet. Find out how you can sponsor other Center activities (e.g., articles, speeches, conference exhibits) by contacting Amy Marohn at 425-467-6840 or***

***Important Reminder: Check out the Center’s new "LTC Week in Review" feature published every Monday afternoon in our website donor-only zone. Titles in next Monday's edition include: "One Million May Lose Health Coverage," "Stroke Medicine Often Denied in Nursing Homes," "HHS Announces Nursing Home Quality Initiative," and "Health Affairs on Chronic Care in America." Details on how to access the donor only zone are available at See you there!***

The American Health Care Association (AHCA) and the National Center for Assisted Living (NCAL) have published a new consumer's guide to long-term care insurance. We've requested a copy of the booklet to review for LTC Bullets, so we'll give you our opinion sometime in the future. In the meantime, here's the press release describing the new resource. LTC carriers, brokers and agents may find value in distributing a guide to clients and prospects that is published by a major long-term care provider association. You'll find bulk ordering instructions and prices below.

AHCA and NCAL Offer Booklet on Long Term Care Insurance

Washington, D.C. - 11/30/2001

The American Health Care Association (AHCA) and the National Center for Assisted Living (NCAL) have developed and are making available a new brochure -- as part of their Consumer's Guide series - which provides a step-by-step look at long term care insurance. Entitled "Understanding Long Term Care Insurance," the 16-page vest-pocket-sized booklet addresses the subject for those needing information for an aging parent, other family member, or for themselves.

Given the increasing demographic demands on Medicaid and Medicare, especially as the Baby Boomer population rapidly enters retirement age, the capability of Americans to pay for long term care needs is becoming a critical issue for individuals and the nation. Long term care insurance is an excellent way to provide for this area of need, whether for care in a nursing facility or residing at an assisted living residence. The booklet is designed to help individuals through the process of understanding the need for and comparing long term care insurance policies and costs.

Covered is information on when to buy, selecting a company, selecting a policy and deciding how much insurance to buy, in addition to reviewing covered services, policy features, the cost, tax incentives and consumer protections. A glossary of terms also provides key definitions related to long term care insurance.

Recent studies indicate that more than a quarter of the nation's population currently over the age of 25 can anticipate at least one stay in a nursing or rehabilitation facility in their lifetime. Today, long term care providers serve the fastest growing segment of the population, those aged 65 and over.

Nearly 13 percent of the nation's population is age 65 and older. That segment is expected to grow to nearly 79 million persons by 2050, when it is expected to total 20 percent of the U.S. population. It is also estimated that the nursing facility population age 65 and over will grow to 6.6 million by 2050 (from approximately 1.5 million in 2001).

Long term care policies should cover all levels of care in nursing facilities and other residential settings, such as assisted living. Under home care, most policies include the community services of adult day care, respite care (temporary overnight care to relieve family caregivers) and hospice care.

In AHCA's ongoing effort to assist the profession and the public, copies of the "Understanding Long Term Care Insurance" brochure (Ref. Catalog #1480) are available in bulk quantities. Cost is $39.95 for 25 copies (AHCA and NCAL members, $29.95). Order through the website or by calling 1-800-321-0343.

Since January 1, 1997, individuals have been able to include out-of-pocket expenses for long term care and long term care insurance premiums with their other itemized medical expenses on their annual federal income tax returns. Long term care and other medical expenses are deductible, to the extent that they exceed the federal government's 7.5 percent threshold of adjusted gross income.

The American Health Care Association and the National Center for Assisted Living represent nearly 12,000 non-profit and for-profit nursing facilities, assisted living residences, subacute centers and homes for persons with mental retardation or developmental disabilities. These facilities, residences, centers and homes provide care to more than one million elderly and disabled individuals nationally. Members of AHCA and NCAL are long term care providers who believe that the individuals they serve are entitled to a supportive environment in which professional and compassionate care is delivered in a safe and secure setting.