United Benefit Advisors Insight and Analysis Blog

Do you have a choice of where you will be taken care of?

Posted by: Rob Morrow    Oct 18, 2018 1:07:37 PM

If something should happen to you or one of your employees today that required Long Term Care, do you, or they, have a choice in where the care is received? 

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Topics: Long-Term Care, long-term care insurance, Medicaid, employee benefits, long-term care benefits, senior care

The Hidden Liability in Group LTCi Plans

Posted by: Ryder Kimmes    Jun 7, 2018 1:21:09 PM

For those of you already offering long term care insurance to your employees, you are ahead of the curve! You are not only adding protection to each of your participating employees’ retirement and savings endeavors, you are affording employees the opportunity to maintain their assets if they should need long term care. As we know, long term care is expensive and having a tool to protect yourself against these expenses is invaluable.

As an employer, some of our largest liabilities lie within our administration of benefits. How would you like to know that someone is proactively performing quality assurance for you, thereby making you less exposed to this liability?

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Topics: Long-Term Care, long-term care insurance, benefits administration, LTC Solutions, Inc., LTCi

Top Misconceptions about Long Term Care Insurance

Posted by: Christine McCullugh    Jul 6, 2017 9:30:00 AM

In conversations with HR professionals and benefit brokers, we find that the topic of long-term care insurance (LTCi) is often covered in less than two minutes during renewal meetings. When I ask why the topic of conversation is so short, they tell me, “Employees just aren’t asking about it, so they must not be interested.”

If employees aren’t asking about LTCi, does it mean they aren’t interested? They just may be unaware of the value of LTCi and that it can be offered by their employer with concessions not available in the open market. Here are the top seven reasons why LTCi should be a bigger part of the employee benefits conversation.

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Topics: long-term care insurance, LTCi, voluntary benefits

Long-Term Care: A Threat to Retirement Security

Posted by: Megan Fromm    Jan 25, 2017 9:30:00 AM

Employers I’ve talked to all have the same goal: to help employees build a sound retirement plan to achieve financial success and security. The main components to protect an employee’s financial future are managing a nest egg, growing investments, and safeguarding against uncertainty.

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Topics: Long-Term Care, long-term care insurance, retirement security, 401(k) supplement, group benefits, custodial care, Megan Fromm, LTC Solutions, Inc.

Long-Term Care Insurance: Employee Education Makes the Difference

Posted by: Megan Ellis    Dec 1, 2016 10:30:00 AM

Most Partners of United Benefit Advisors (UBA) and their clients have benefits enrollment down pat. They know what to communicate to employees, and when. Employees, too, are usually familiar with the process. For example, they know what to expect when they start comparing their medical plan options to their 401(k) contributions. But not all benefits are created equally. Some require more communication, understanding, and detail. Long-term care insurance (LTCi) is one of those products. More than any other benefit, it calls for well-thought-out employee education.

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Topics: long-term care insurance, employee education, LTCi, retirement benefit, health care plans, Megan Ellis, LTC Solutions, Inc.