Unpacking Long-Term Care Trends with LTC Industry Veteran- Larry Moore

Описание: In this episode of Talking Turning 65, Mark Rogers and Larry Moore, a long-term care insurance industry veteran, discuss the evolution of the long-term care insurance industry, current trends, and strategies for different demographics. They cover topics such as traditional vs. asset-based policies, the impact of COVID-19 on underwriting, the importance of long-term care planning for executives and business owners, and the unique offerings of National Guardian Life Insurance Company.

The conversation provides valuable insights into the complexities of long-term care insurance and its crucial role in financial planning for individuals and businesses.

Have questions on your Long-Term Care policy? Visit www.ltc-q.Next35years.com to find answers to your questions.


00:00 Introduction and Long-Term Care Industry Overview
01:03 Evolution of the Long-Term Care Market (1990-2015)
04:50 The Shift to Asset-Based Long-Term Care Products
08:38 Impact of COVID-19 on Long-Term Care and Underwriting
10:35 The Challenges of Paperless Processes in Insurance
13:10 Women in Long-Term Care: Caregivers and Recipients
21:23 The Power of Leverage in Long-Term Care Insurance
24:46 Tax Benefits and Market Risk Avoidance in Long-Term Care Planning
27:16 State-Funded Long-Term Care Programs: The Washington Cares Act and Beyond
29:40 Short-Term Care Plans: Meeting Middle Income Retirees' Needs
30:12 Fire Safety and Short-Term Care: A Comparison
30:43 The Rise of Short-Term Care Post-COVID
31:17 Traditional vs. Asset-Based Long-Term Care
31:34 Long-Term Care for Executives and Business Owners
32:32 Indemnity vs. Reimbursement: A Deep Dive
36:05 Tax Benefits and Long-Term Care for Business Owners
37:07 Young Professionals and Long-Term Care
41:15 New Retirees: Navigating Long-Term Care Decisions
44:59 Real-Life Long-Term Care Claims Stories
48:43 Executive Carve-Outs: Steps and Benefits
50:58 Spotlight on National Guardian Life (NGL)