LONG TERM CARE INSURANCE MUCH LESS EXPENSIVE THAN PEOPLE THINK. IDEAL WAY TO PROTECT YOUR 401K AND SAVINGS

Long Term Care Insurance is a very affordable way to plan for the physical, emotional and financial burdens that Long Term Health Care places on family and friends. Working with a specialist allows you to obtain real information on options, partnership plans and tax incentives that may be available.
— Matt McCann, nationally known expert on Long Term Health Care Planning.

A nationally recognized Long Term Health Care Specialist tells group that Long Term Care Insurance is very affordable despite what some financial advisors and insurance brokers may thing. Specialists understand the products, underwriting and policy design to find appropriate coverage at a very affordable price

Matt McCann, a 16 year veteran in Long Term Health Care Planning, told a seminar of Ohio medical professionals that many insurance agents and financial advisors don't understand Long Term Care insurance and represent premiums that are much higher than what it should be.  

He explained to the meeting that Long Term Health Care is an important part of retirement planning. Long Term Care Insurance is a very affordable way to plan and protect a person's 401k and other retirement savings and assets from the high cost of Long Term Health Care.  

"Unfortunately most insurance agents and financial advisors have little experience in this area. They don't understand underwriting nor do they have direct experience of knowing how these plans get used at the time of claim. They end up recommending the wrong insurance company based on the person's health and recommending benefits that are usually much higher than required. This means premiums which are much higher than they should be," McCann explained.  

McCann said the American Association for Long Term Care Insurance (www.aaltci.org) recommends consumers only work with a specialist who has at least 500 clients in Long Term Care. McCann has nearly 2200 active Long Term Care Insurance clients throughout the country.  

"When you work with a specialist you will learn much more about your options, including information on the federal/state partnership program available in many states, tax incentives and details on what health insurance will cover, including Medicare and Medicaid. Plus, how the plans work and how they can help be an affordable way to address the physical, emotional and financial  burdens Long Term Health Care can have on family and loved ones," McCann said.  

McCann also notes that some news articles on Long Term Care give examples of premium costs that are far exaggerated than they really are. He says this is why a consumer needs to speak with a specialist so they can get the real number that applies to them.

For a healthy married 50 year-old man premiums could be as little as $40 a month, depending on the benefits applied for, McCann noted.          

He has set up two websites. If a consumer wishes to get quotes from all the top companies they can go to www.radioltc.com. Consumers who wish to learn more about Long Term Health Care planning can also go to his website at: www.McCannLTC.com.

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