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:3/24/2017)... ... March 24, 2017 , ... Clean Earth, ... material, and hazardous and non-hazardous materials announced today the acquisition of privately owned ... will add four additional processing facilities and a vast array of additional technologies, ...
(Date:3/24/2017)... ... 2017 , ... Digital Scientists, a software innovation lab specializing in web design ... Greenville, South Carolina location. The lab has set up shop at the renowned ... with South Carolina clients for years from our office here in Atlanta,” explains Digital ...
(Date:3/24/2017)... ... March 24, 2017 , ... The iaedp Foundation, the premier provider ... caring for those suffering from the full spectrum of disordered eating, announced today that ... professionals from nearly all 50 states and several countries converged on the Green Valley ...
(Date:3/24/2017)... (PRWEB) , ... March 24, 2017 , ... ... Nursing Society (ONS) wanted to create a communications platform that positions them as ... goal, Elliance and ONS reinvented their online publication as an always-on, always-fresh news, ...
(Date:3/24/2017)... ... ... who like to educate themselves on current issues and who enjoy gaining knowledge on ... to appreciate and love the "Informed" series, hosted by Rob Lowe. A new ... the world. , Running for charity has become a multi-million dollar enterprise ...
Breaking Medicine News(10 mins):
(Date:3/24/2017)... Research and Markets has announced the addition of the ... their offering. ... provides separate comprehensive analytics for the US, Canada , ... Asia-Pacific , Latin America , and Rest of ... 2022. Also, a six-year historic analysis is provided for these markets. Market ...
(Date:3/24/2017)... surveys with 9,250 insured consumers fielded from February 2015 ... help from their plans in five key areas: 1) ... help closing gaps in care, 3) better digital connections, ... real-time guidance. Meeting these needs is essential to promoting ... A Reason to Stay Engaged in Health ...
(Date:3/24/2017)... , March 24, 2017 ... to develop sutezolid as effective response to infectious disease ... Alliance and the Medicines Patent Pool (MPP) announced a ... antibiotic drug candidate which demonstrated encouraging results in early ... in combination with other TB drugs and follows the ...
Breaking Medicine Technology: