The American Association for Long Term Care Insurance announced support of legislation calling for a public awareness program creating heightened awareness of the availability of long term care insurance.
“Just over 400,000 New Yorkers own long term care insurance protection and an awareness campaign would certainly create heightened understanding of the risk to millions of New Yorkers,” explains Jesse Slome, dir4ector of the American Association for Long Term Care Insurance. “Families would benefits and the future burden on New York taxpayers would be reduced.”
Speaking to selected New York insurance professionals Slome explained that long term care insurance can not just help New Yorkers receive the kind of quality care they want but can also help reduce the burden on taxpayers. “People who have savings and assets and insurance to pay for care do not have a need to turn to the State for assistance,” Slome notes. “A small investment in awareness can result in significant future tax savings.”
The American Association for Long Term Care Insurance is the national trade group that undertakes consumer awareness and education programs. For additional information, for a comparison of long term care insurance costs from leading insurers or to find a New York long term care insurance specialist visit the organization’s website or call 818-597-3227.
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