The nation's leading resource for information pertaining to long-term care insurance reported that California had more individuals covered by long-term care insurance than any other state.
"There are roughly seven million Americans who have traditional long-term care insurance protection and another million who have coverage under a linked-benefit or alternative product," explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance (AALTCI). The organization maintains the nation's leading online resource for information pertaining to long-term care insurance and helps tens of thousands of consumers every year who are seeking information on the topic.
According to Slome, some 635,000 Californians have long-term care insurance as reported by insurance regulatory sources. Slome was speaking to insurance professionals who specialize in long-term care insurance.
"This is certainly due to the size of California as well as the fact that the state has been very active in making residents aware of the importance of planning," Slome adds. "While the California Partnership program has little relevance to consumers today, in former years it was valuable protection that I strongly advocated and which was actively marketed by insurance professionals."
Slome noted interest among Californians looking to purchase long-term care insurance policies today remains strong. "A significant number of the inbound phone calls we handle and the online request for information comes from Californians," the long term care insurance expert noted. "Admittedly, there are fewer specialists today than there were a few short years ago, but there are still good avenues available for those who want to get information and compare their choices and options," he concluded.
The American Association for Long-Term Care Insurance is a national organization focused on advocacy and providing consumers with relevant and current information. To learn more about long-term care insurance costs and options visit the organization's website or call 818-597-3227.
The American Association for Long Term Care Insurance (www.aaltci.org) is the national trade organization focused on educating individuals about the importance of planning for the risk of long term care. The American Association for Medicare Supplement Insurance (www.medicaresupp.org( focuses on Medigap industry issues and helps link consumers with Medicare Supplement agents. The National Advisory Center for Short Term Care was established in 2015 to build awareness for the important role short term care insurance plays in protecting seniors.