The American Association for Long-Term Care Insurance (AALTCI) has announced a special effort to help consumers facing problems filing or receiving long-term care insurance claim benefits. The nation s long-term care insurance companies do an excellent job of helping policyholders with claims questions and filing support but from time to time people call us with issues or problems, explains Jesse Slome, director of the long-term care insurance organization. Typically the insurance agent who initially sold the policy is retired or a claim they believe should qualify for benefits is declined by the insurer.
To help consumers with claims questions or issues the Association will partner with Family Solutions For Care. The long-term care insurance claims assistance specialists have secured over $175 million in long-term care insurance benefits for families.
One out of two individuals who purchase long-term care insurance at age 65 will actually utilize their coverage according to data released by the American Association for Long-Term Care Insurance (AALTCI)."It's a 50-50 probability that someone getting long-term care insurance at age 65 will use their coverage and that's a
A search for speakers is being undertaken by the American Association for Medicare Supplement Insurance for the organization's national industry conference. The event will be held September 8-10, 2020 in Chicago."We are specifically looking for experts in using social media platforms to generate prospects," states Jesse Slome, AAMSI's director. “This
Medicare Supplement Insurance Industry Summit Approaches Exhibit Hall Sellout From:
The American Association for Medicare Supplement Insurance (AAMSI) reports approaching a record-setting sellout of exhibit booths for the rescheduled 2021 National Medicare Supplement insurance industry conference. It s a positive sign that people are ready and eager to resume normalcy this fall and value an actual in-person conference, states Jesse Slome, AAMSI s director. The 12th national Medigap industry conference will be held September 8-10 at the Schaumburg, IL Convention Center.
According to the Association, only nine of the 132 exhibit hall spaces remain available. This marks the largest exhibit hall in the conference s history. The largest prior e
The nation s long-term care insurers paid out $11.6 Billion in 2020, an increase over prior years according to the American Association for Long-Term Care Insurance (AALTCI). Every year benefit payouts grow to individuals needing care and purchased long-term care insurance for that very real risk, reports Jesse Slome, AALTCI s director.  The $11.6 billion paid in 2020 represents an increase of $600 million over the total 2019 claim benefits paid and a significant increase from the $8.65 billion paid out five years earlier in 2016.
The amount reported represents claims for those owning traditional or health-based long-term care insurance. The Association report does not include data for those who have purchased a linked-benefit policy, typically a life insurance policy that can also provide payout for qualifying long-term care needs.