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Welcome to “10 minutes” on  Long Term Care
Today we’ll explore  ,[object Object],[object Object],[object Object],Paul Workmaster LTC Specialist
? Long Term Care –  The Key Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Long Term Care? ,[object Object],[object Object]
Where is care given? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Long Term Care Insurance? ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],What risks can wipe out your nest egg?
Do you know anyone who:   ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Why should the risk of needing long term care be any less important than the need to protect  against these other risks?
Long Term Care Fact Sheet ,[object Object],[object Object],[object Object],[object Object]
… Long Term Care Fact Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object]
… Long Term Care Fact Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Can you imagine a greater threat than the need for Long  Term Care that can involuntarily drain away your assets, rob you of your dignity, and take away your independence?  Based on $69,000  per year for nursing home care,  let’s see how long a $300,000 nest egg will last: $300,000  divided by $69,000 =  4.3 years Wow!  I bet if you’re like most people it took far more time  than 4.3 years to accumulate that wealth!  What do you think?
If your lifetime goal is to pay for a new wing in your local nursing home, doing nothing could be just what you need to do to make this goal a reality. Don’t think of LTCi as nursing home insurance.  It is actually  Nursing Home Prevention Insurance because  you get to choose where  you will receive your care.
What are Common Long Term Care Options? ,[object Object],[object Object],[object Object],[object Object],Long Term Care Insurance
… Options - Family ,[object Object],[object Object],[object Object],[object Object],[object Object]
… Options - Government ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
… Options - Transfer the Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Long Term Care Insurance
The Ohio Partnership Plan = financial relief for Ohio’s Medicaid program. ,[object Object],[object Object],[object Object],[object Object],[object Object]
How do I qualify for coverage? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Kinds of Policies HIS HERS HIS HERS INDIVIDUAL SHARED
How do I choose my benefits? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Do I Qualify to Receive My Benefits? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],And the care is  expected  to last at least 90 continuous days
How do I select the Best Insurance Company for me? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Information is available  from the Ohio Insurance Department & Paul Workmaster
Is Long-Term Care Insurance for me? ,[object Object],[object Object],[object Object],[object Object],[object Object],What price would you be willing to pay to answer  “ YES ”  to any of these questions? YES YES YES YES YES
When should I buy Long Term Care Insurance? ,[object Object],[object Object],[object Object],[object Object]
When should I buy Long Term Care Insurance? ,[object Object],[object Object]
[object Object]

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Long Term Care Insurance - Protect Your Assets and Independence in Just 40 Characters

  • 1. Welcome to “10 minutes” on Long Term Care
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  • 13. Can you imagine a greater threat than the need for Long Term Care that can involuntarily drain away your assets, rob you of your dignity, and take away your independence? Based on $69,000 per year for nursing home care, let’s see how long a $300,000 nest egg will last: $300,000 divided by $69,000 = 4.3 years Wow! I bet if you’re like most people it took far more time than 4.3 years to accumulate that wealth! What do you think?
  • 14. If your lifetime goal is to pay for a new wing in your local nursing home, doing nothing could be just what you need to do to make this goal a reality. Don’t think of LTCi as nursing home insurance. It is actually Nursing Home Prevention Insurance because you get to choose where you will receive your care.
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  • 21. Kinds of Policies HIS HERS HIS HERS INDIVIDUAL SHARED
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Notas do Editor

  1. WELCOME My name is, Curt Horowitz and I am an independent broker, (if in New York, GE Capital Life Assurance Company of New York). WHAT IS LP? Mission (help protect you financially/providing peace of mind) Nearly a decade—have helped thousands of families Independent broker—objectivity Provide you with the information—no pressure or obligation Know everyone has a unique situation ask questions to determine current circumstances/future goals/then use the info to develop a strategy to get you there WHY A SEMINAR I provide these educational workshops because education empowers consumers to begin answering the many questions pertaining to their financial and health goals. The underlying goal in bringing you this workshop is to become a resource for you. I hope you’ll feel comfortable contacting me [or associate name] if you have any questions about your individual situation. If you would like to take advantage of a complimentary-no obligation follow-up meeting concerning the purchase of long term care insurance, please see me after the meeting. EXPECTATIONS For you to get educated and determine your next step
  2. WELCOME My name is, Curt Horowitz and I am an independent broker, (if in New York, GE Capital Life Assurance Company of New York). WHAT IS LP? Mission (help protect you financially/providing peace of mind) Nearly a decade—have helped thousands of families Independent broker—objectivity Provide you with the information—no pressure or obligation Know everyone has a unique situation ask questions to determine current circumstances/future goals/then use the info to develop a strategy to get you there WHY A SEMINAR I provide these educational workshops because education empowers consumers to begin answering the many questions pertaining to their financial and health goals. The underlying goal in bringing you this workshop is to become a resource for you. I hope you’ll feel comfortable contacting me [or associate name] if you have any questions about your individual situation. If you would like to take advantage of a complimentary-no obligation follow-up meeting concerning the purchase of long term care insurance, please see me after the meeting. EXPECTATIONS For you to get educated and determine your next step
  3. Hello and welcome to our presentation today on the topic of long term care, issues and answers. (Presenter instruction: Remember to smile!). I am delighted to be here today. [Optional: I want to thank the many individuals or (the name of the sponsoring organization) for the opportunity to provide you with this educational workshop on the topic of long term care. After “how do I choose my benefits” put “building my policy” page from worksheet