Navigation Links
Protecting Productivity at the Worksite in Challenging Times
Date:1/31/2008

Retaining Seasoned Employees through Long Term Healthcare Education

KIRKLAND, Wash., Jan. 31 /PRNewswire/ -- In uncertain times, older, experienced employees are the ones companies want to keep. But these seasoned people may leave of their own accord. Or they may start taking time off. Why? "A large percentage have aging parents who break a hip or develop dementia, suddenly needing constant attention," says Mario Sestito, Director of Business Development for LTC Financial Partners, the nation's most experienced long term care insurance agency. "If these senior employees can't afford professional care, they take time off to provide the care themselves. Or they quit to become full-time caregivers." Best case, he adds, they stay on the job in a distracted state of mind.

*(PHOTO 72dpi: http://Send2Press.com/mediaboom/08-0130-MSestito_72dpi.jpg)

*(Photo Caption: LTC Financial VP Mario Sestito.)

"It's a serious, growing problem," Sestito asserts. "We work with a lot of organizations, and the water cooler talk isn't about childcare anymore; it's about eldercare." The solution, he says, is long term healthcare planning.

Sestito's agency offers a new tool called the LTC Outreach and Education Program(TM) (LTCOEP(TM)), utilized by many U.S. companies. At no cost, the program puts employees through a crash course in long term healthcare planning. LTCOEP(TM) helps workers and managers cope with the productivity-draining prospect of caring for family members, usually aging parents, who can no longer care for themselves. Some "graduates" end up securing long term care insurance; others set up savings plans to handle future care needs.

The eldercare issue is seriously affecting bottom lines. Through a combination of attrition, absenteeism, and reduced productivity, "Large companies are losing tens of millions each, every year, and smaller ones are losing from thousands to tens of thousands," says Sestito. He bases his estimates on a 2006 study conducted by the MetLife Mature Market Institute(R). "These losses can be stopped cold, and it doesn't have to cost the company anything."

LTCOEP(TM) is offered free to companies, non-profit organizations, and community groups of all sizes. Information is available at -- http://www.ltcfp.us/ltcfp/long-term-healthcare-planning.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
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Therapist to Young Hollywood Says Industry Needs to Take More Responsibility for Protecting Stars Mental Health
2. An emerging candidate for protecting patients from liver injury after abdomen surgery
3. OHSU research suggests new strategy for protecting aging Americans against infectious disease
4. Congressman Tom Reynolds Awarded for Protecting Medicare Choices
5. Doctors, economist, write prescription for protecting people from themselves
6. National Patient Advocate Foundation Hails Senator Rockefeller for Introducing Bill Protecting Patient Access to Health Coverage
7. Medical identity theft: the importance of protecting your health records
8. APHA Urges President Bush Not To Veto CHIP; Were Only One Signature Away from Protecting the Health of Our Children
9. From Research to Practice: Healthfitness, Eastman Chemical Company Case Study Demonstrates Real-World Health Gains and Productivity Savings
10. Using Efficient Communication to Boost Pharma Sales Force Productivity
11. Baxa Corporation Signs Strategic Reseller Agreement With MedKeeper for Web-Based Productivity Tool
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... ... Kasmer, a legally blind and certified personal trainer is helping to develop a weight loss ... plans to fix the two major problems leading the fitness industry today:, ... , They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... Austin, TX (PRWEB) , ... June 25, 2016 , ... ... Fellow of the American College of Mohs Surgery and to Dr. Russell Peckham for ... popular and highly effective treatment for skin cancer. The selective fellowship in Mohs Micrographic ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , ... Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. , ... our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First ...
(Date:6/25/2016)... ... 2016 , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland ... iHire in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness ... & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Those who have ... these feelings, many turn to unhealthy avenues, such as drug or alcohol abuse, as ... Michigan, has released tools for healthy coping following a traumatic event. , Trauma sufferers ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... DUBLIN , June 27, 2016 Jazz ... the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act ... proposed acquisition of Celator Pharmaceuticals, Inc. ("Celator"; Nasdaq: ... 11:59 p.m. (Eastern Daylight Time). As previously ... entered into a definitive merger agreement under which Jazz ...
(Date:6/24/2016)... SOUTH SAN FRANCISCO, Calif. , June 24, ... GBT ), a biopharmaceutical company developing novel ... with significant unmet needs, today announced the closing ... 6,400,000 shares of common stock, at the public ... the shares in the offering were offered by ...
(Date:6/24/2016)... BEIJING , June 24, 2016 Dehaier ... or the "Company"), which develops, markets and sells medical ... China , signed a strategic cooperation agreement with ... as "Hongyuan Supply Chain") on June 20, 2016, to ... Under the strategic cooperation agreement, Dehaier will leverage Hongyuan ...
Breaking Medicine Technology: