Navigation Links
LifeSecure Insurance Company Strengthens National Footprint with Partnership Program Approvals in Six States
Date:1/12/2009

BRIGHTON, Mich., Jan. 12 /PRNewswire/ -- LifeSecure Insurance Company, a Michigan-based long-term care insurance industry leader, is strengthening its national service offerings through Partnership Program approvals secured in six states, including: Ohio, Florida, Colorado, South Dakota, Oregon and Nebraska.

Partnership Programs for long-term care insurance represent an alliance between state governments and private long-term care insurance companies to encourage people to purchase private insurance and simultaneously protect some of their own assets and savings against Medicaid spend-down requirements. Generally, these Programs allow a consumer to protect an additional amount of personal assets equal to the amount of benefits paid under their long-term care insurance policy.

"The first and most important step in long-term care planning is for consumers to become educated on how the system works and what their options are," said Lisa Wendt, president and CEO, LifeSecure. "Many people assume government programs like Medicare and Medicaid will completely cover the cost of all long-term care needs," continued Wendt. "That can be a very costly assumption. We want to help families separate the myths from fact and understand there are uncomplicated and affordable solutions available, including these Partnership Programs, which can provide greater asset protection."

Long-term care is an area of growing concern for American families as more individuals approach retirement age. Studies show that a 65-year-old today has a 70 percent chance of needing long-term care at some point in his or her lifetime. If that care includes a nursing home, the current average annual stay is estimated at $75,000.

"LifeSecure is proud to be working in partnership with state regulators nationwide to make long-term care insurance Partnership Programs a choice for more U.S. residents," continued Wendt. "We are seeking additional state approvals for programs beyond these six initial states."

For more information on long-term care planning and Partnership Programs, visit www.YourLifeSecure.com or www.longtermcare.gov.

About LifeSecure Insurance Company

LifeSecure Insurance Company is a wholly owned subsidiary of Blue Cross Blue Shield of Michigan. The Brighton, Mich. based company offers a new generation of long-term care insurance coverage and is focused on providing understandable and affordable coverage, as well as high levels of customer service and support. As part of its caring heritage, LifeSecure's base product includes informal caregiving coverage and complimentary support services for caregivers and families. The company's long-term care insurance coverage is sold through a network of independent marketing organizations, brokers and agents. For additional information, visit the company's Web site at www.YourLifeSecure.com.


'/>"/>
SOURCE LifeSecure Insurance Company
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. LifeSecure Insurance Company Names New Vice President of Sales
2. Patients with Medicaid and those lacking insurance have higher risk of advanced laryngeal cancer
3. Insurance Impacts Laryngeal Cancer Detection
4. Record Number of Americans Lack Health Insurance
5. National Association of Subrogation Professionals (NASP), the Largest Insurance Subrogation Association in the World - Announced Today that Leslie Wiernik has Joined the Organization as Director of Education
6. CIGNA Group Insurance Shows Consumers Theres More to Life Through a New Consumer Education Toolkit
7. HealthInsuranceFinders.com Launches Video Contest for Young Directors
8. Dr. Allen Woolf Appointed Chief Medical Officer For CIGNA Group Insurance
9. International Gateway Insurance Brokers Partners With MEDILINQ
10. New AHIP Report Takes a Ten Year Look at the Unintended Consequences of State Efforts to Change the Insurance Market
11. ComPsych(R) Corp. Announces Health at Work(SM) Award Winners: Sprint, Erie Insurance, City of Naperville and Green Hills Public Library
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/24/2017)... , ... January 24, 2017 , ... Bellus Medical, a ... team of medical experts. In his new role Dr. Dobke will provide physician oversight ... Dr. Dobke is the Head of Plastic Surgery and Associate Professor of Surgery at ...
(Date:1/24/2017)... Iowa City, IA (PRWEB) , ... January 24, 2017 , ... ... in the country, has taken great care to design a program that provides teachers ... language abroad and domestically. This online teaching certificate is ideal for post-baccalaureate students and ...
(Date:1/24/2017)... Pass, OR (PRWEB) , ... January 24, 2017 ... ... Gerald H. Pollack, Ph.D., http://www.faculty.washington.edu/ghp , Sharon Kleyne, the nation’s foremost ... of Water, Global Climate Change and Your Health on Voice America, once again ...
(Date:1/24/2017)... ... January 24, 2017 , ... TopConsumerReviews.com ... for relieving premenstrual syndrome, or PMS . , Most women of child-bearing ... can include cramps, constipation, irritability, headaches, fatigue, and other discomfort. For some ...
(Date:1/24/2017)... ... January 24, 2017 , ... “Spiritual Vitamins: A ... connection with God. “Spiritual Vitamins: A Spiritual Energy Booster” is the creation of ... Publishing, Mathai Yohannan’s new book engages the mind and spirit in a quest ...
Breaking Medicine News(10 mins):
(Date:1/24/2017)... 2017 Sherpa Clinical Packaging ( www.sherpaclinical.com ... is pleased to announce the appointment of Kevin Rosenthal as ... Sherpa team to lead Sherpa,s Operations group and ... excellence. Kevin is not new to ... He has extensive experience working for leading pharma ...
(Date:1/24/2017)... YORK , January 24, 2017 ... the fastest growing industries in the United States ... medicinal use in 2016. In addition, Proposition 64, the California ... for and 42.87% against on November 8, 2016. This outcome ... allowed to use and to grow a certain amount of ...
(Date:1/24/2017)... 24, 2017   Keneric Healthcare , a ... effective patient care products, today announced their partnership ... the reach of both companies by leveraging their ... Angelini Pharma Inc . ... include Keneric Healthcare,s RTD™ Wound Dressing (antibacterial/antifungal).  RTD™ ...
Breaking Medicine Technology: