This website is best viewed using Firefox. Please update your browser.

Long-Term Care

Most Americans know about the kind of health insurance that pays their doctor and hospital bills. But many do not know as much, if any, about long-term care. LTC goes beyond medical care and nursing care to include the assistance that you would need if you had a chronic illness or disability that leaves you unable to care for yourself for an extended period of time.

Group long-term care insurance can protect your employee's financial assets by providing monetary benefits to help cover the cost of home health care, adult day care, custodial care, intermediate care, skilled-nursing, and even assisted living care. Benefit coverage design allows choice of elimination periods, per diem or monthly benefit pay-outs, and benefit duration periods. Coverage can be offered to employees with group premium discounts and simplified underwriting. Premiums paid by the employer are generally deductible as a business expense to the employer and provide tax-free benefit income to the employees. Can also be offered to key employees as executive carve-out, to all employees as a minimum employer-paid benefit/premium with an employee buy-up provision or as voluntary benefits through payroll deductions.

  • Guaranteed or Simplified issue available
  • Multiple exclusions periods from 0 days to 180 days
  • Daily benefits from $50 per diem to $400 per diem
  • Home heath care included
  • 2 of 6 Activities of Daily Living Trigger
  • Benefits payable
    • 2 years, 3 years, 4 years, 5 years, 6 years, lifetime
  • Care coordination
  • Spousal discounts
  • Executive Carve-Out
  • Either employer pay all, employee pay all or blended

Carriers:

  • MET Life
  • Prudential
  • UnumProvident

Contact Us

HR&S Financial Services, LLC welcomes your requests, comments, questions, and/or concerns. Simply fill out our contact form.