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Tennessee Introduces Long-Term Care Partnership Insurance Policies and Producer Training Requirement
Date:10/1/2008

Over 40% of extended care is needed by people under age 65 and less than 15% of care is provided in nursing homes. Some care is provided in assisted living facilities and adult day care, but most care is provided at home by families at a tremendous sacrifice. Long-term care insurance provides money to help families take better care of their loved ones by hiring caregivers to help with home care.

Tennessee insurance agents already licensed to sell health insurance by 7/1/08 must complete at least 8 hours of initial training to sell Partnership policies by 7/1/09 and at least four hours of ongoing training every 24 months. (Agents licensed after 7/1/08 must complete the initial 8 hour course before selling long-term care insurance.)

This required training is available at http://www.LTCiTraining.com. The course was developed by national long-term care insurance trainers Phyllis Shelton and Phil Sullivan, which together have trained over 85,000 insurance professionals. Phyllis Shelton is a native Tennessean whose company, LTC Consultants, has worked with 10 of the top long-term care insurance carriers in the nation. "We only have a short window to be sure most of the baby boomers don't wind up on the Medicaid system for long-term care as this would cause unprecedented taxation in our country," said Shelton. "I believe that Partnership policies have tremendous potential as the private sector's solution to the real health care crisis in America which is long-term care. Our course goes above and beyond to offer 12 CE credits, not 8. More importantly, it teaches producers what they need to know to sell long-term care insurance to families ethically and professionally."

For more information please contact Bill Pomakoy at bill@ltcitraining.com, 866-400-5224.


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SOURCE LTC Consultants
Copyright©2008 PR Newswire.
All rights reserved

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