Navigation Links
Don't Wait for the Election to Plan Your Long-Term Healthcare, Insurance Leader Advises
Date:5/15/2008

Though Both Obama and Clinton Promise Comprehensive Healthcare Plans, Long

Term Care Will Continue to Require Separate, Private Funding

KIRKLAND, Wash., May 15 /PRNewswire-USNewswire/ -- Will the next President introduce healthcare reform? "Probably," says Cameron Truesdell, CEO of one of the nation's most experienced long term care insurance agencies, LTC Financial Partners LLC. Will the new system -- Obama's, Clinton's, or perhaps McCain's -- cover all healthcare needs? "Absolutely not," says Truesdell. A huge area where Americans must keep on fending for themselves is long term care. That's the help with daily living provided by nursing homes, in-home care services, and family members who all too often leave work to tend an incapacitated parent, spouse, or child.

*(PHOTO 72dpi: Send2Press.com/mediaboom/08-0505-LTCTruesdell_72dpi.jpg)

*(Photo Caption: LTC Financial CEO Cameron Truesdell.)

"No way can any federal program afford the enormous, open-ended costs of long term care," says Truesdell. "Medicare doesn't cover it now. Neither does Medicaid except for the destitute or those who have exhausted their own resources." In fact, as Truesdell points out, recent legislation has cracked down on Medicaid abuse, making it harder for people with means to qualify.

"If you wait for the election, or government action of any type, to plan for your long term care, you're only jeopardizing your own future," he says.

For the vast majority of Americans, including the 77 million Baby Boomers nearing retirement, long term care is and will continue to be a matter of individual, private planning, Truesdell asserts. "You either need to save for it big time, or get long term care insurance," he says. "For all but the ultra-wealthy, who can afford to self-insure, LTC insurance is the answer."

Truesdell's organization includes 500 long term care experts who advise individuals and businesses on appropriate plans, available tax breaks, and alternative carriers. "Our people also work with estate planners and financial advisors that in turn advise their clients," he says. "What most people don't realize is that LTC insurance is good for more than your physical health; it's also good for your financial health -- because it protects your hard-won assets."

A state by state listing of the 500 experts is available at http://www.ltcfp.us/ltcfp/dont-wait.html.

This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com


'/>"/>
SOURCE LTC Financial Partners LLC
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Ortho Organizers(R) Introduces New Premium Product Line - O2 Select(TM) Orthodontic Instruments
2. HPV, periodontitis work in tandem to increase risk of tongue cancer
3. NYU dental researchers find evidence of periodontal disease leading to gestational diabetes
4. Watch Your Mouth: Michigan Association of Endodontists Offers Four Part Series on Keeping Your Teeth Healthy
5. Most With High Blood Pressure Dont Follow Recommended Diet
6. Survey confirms Americans prefer root canal treatment by endodontists
7. Ortho Organizers(R) Announces the Launch of the Ancor Pro(TM) Orthodontic Anchorage System Hands-on Course
8. Treating your periodontal pockets may benefit your pocket book
9. Growing Link Between Diabetes and Periodontal Disease Focus of National Gathering for Health Care Leaders
10. Young Innovations, Inc. Board of Directors Declares Quarterly Dividend, Authorizes Share Repurchase Program and Announces Election of New Officers
11. Election Win by Houston RNs Upheld
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2017)... Va. (PRWEB) , ... July 28, 2017 , ... ... of the Military Officers Association of America (MOAA), has announced the grant recipients ... portion of the $25,000 in grants:, , Falcon’s Landing ...
(Date:7/28/2017)... ... July 28, 2017 , ... Nominated for ... Chain Partners for 2017. MEBC received numerous client nominations from customers who ... Berger, SupplyChainBrain’s publisher, says “For 15 years running, SupplyChainBrain has published our much-anticipated ...
(Date:7/28/2017)... (PRWEB) , ... July 28, 2017 , ... ... today released its 2014-2017 summary report on the Global Advisory Panel on the ... healthcare challenges and priority professional issues gathered during the past three years at ...
(Date:7/28/2017)... ... July 28, 2017 , ... Date aired: July 17th, 2017 , Guest: ... of first generation immigrants before her, Rose Hong came to America to realize a ... the part of loving parents who made sure their daughter got to the U.S. ...
(Date:7/28/2017)... ... 28, 2017 , ... For over 20 years Sealy Baby has been creating ... We take tremendous pride in using some of nature’s best materials while integrating today’s ... innovative crib mattresses and crib bedding for infants and toddlers. ...
Breaking Medicine News(10 mins):
(Date:7/11/2017)... Oramed Pharmaceuticals Inc. (NASDAQ: ORMP ) ( ... development of oral drug delivery systems, announced today that ... to schedule an End-of-Phase II meeting with Oramed for ... insulin capsule ORMD-0801 in the treatment of type 2 ... endpoints by indicating a statistically significant lowering of glucose ...
(Date:7/10/2017)... 10, 2017 The Institute for In Vitro ... the recipient of a VITROCELL® inhalation exposure system thanks ... Consortium. The device, which is designed to replace animals ... lung cells to airborne test materials in an environment ... VITROCELL® system for testing combustible tobacco products, as well ...
(Date:7/10/2017)... , July 10, 2017  The tenth annual ... Boston, MA at the Sheraton Boston ... and unparalleled access to global decision makers and innovative ... 800+ life science leaders during two impactful days. BioPharm ... provides delegates with additional networking opportunities with 4,500+ life ...
Breaking Medicine Technology: