O'Reilly logo

The Handbook of Employee Benefits: Health and Group Benefits 7/E by Jerry Rosenbloom

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 12Longterm Care Insurance

Jan McFarland

No discussion of employee benefits can be considered complete without a mention of longterm care (LTC) insurance. The benefit’s popularity has grown significantly over the past several years, with an 862 percent increase in employer groups installing an LTC insurance plan between 1995 and 2009.1 The benefit is primarily offered on a voluntary basis, giving employers a low-cost way to provide their employees with access to insurance protection that is generally not available with their other benefits.

DEFINITION OF LONGTERM CARE

Longterm Care (LTC) is personal care or supervision needed by persons of all ages for an extended period of time. Although many LTC situations result from the effects ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required