“Silver Tsunami” Hitting South Carolina and all of USA

South Carolina, like every state, is dealing with the greying of the population. Long Term Health Care is an issue. Most people are not prepared and have not planned despite the odds and the ability to use Partnership LTC policies to protect assets.

Most states have partnership programs available which provide dollar for dollar asset protection if you have a traditional qualified long term care policy. The Long-Term Care Partnership Program is a collaboration between state government and insurance companies.

Under this partnership, applicants who purchase qualifying long-term care insurance policies can access Medicaid coverage while retaining assets they would normally be required to spend on their long-term care. This is referred to as dollar for dollar asset protection. Read the article and then act … discover how affordable Long Term Care Insurance can be a key to your retirement plan. —

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“South Carolina has seen and will continue to see unprecedented growth in the number of older adults in our population, with increased health, social and daily living needs. We are not nearly ready to meet them,” says University of South Carolina Professor Anna Scheyett in a guest column in “The State” newspaper.

The South Carolina Institute for Medicine and Public Health convened a task force on Long Term Care which Scheyett was part of. They examined these issues and made actionable recommendations. The task force was comprised of more than 60 health-care providers, advocates and researchers.

The report, published by the South Carolina lnstitute of Medicine & Public Health in June, 2015, said individuals of all ages can find themselves in need of Long Term Health Care due to limitations caused by physical, cognitive or chronic health conditions.

“Older adults, though, are more likely than most to need such services due to the limiting effects of aging. In fact, an estimated 70% of those over 65 will need Long Term Health Care in their lifetime. In 2014, an estimated 734,537 South Carolinians were age 65 and older, a number that is set to grow dramatically with the rise of the Baby Boom generation. By 2029, when the youngest Baby Boomers reach age 65, it is expected that our state’s population of older adults will exceed 1.1 million, resulting in 1 in 5 South Carolinians being over the age of 65,” the report stated.

Read full article here: http://longtermcareplanningnews.com/article?article=136

Direction for LTC in SCMcCann insurance banner ad 4.10.15

#SouthCarolina #Partnership #longtermcare #LTC #retirement

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About Matt McCann

Matt McCann is recognized as a leading Long Term Health Care (LTC) specialist. Since 1998, Matt has been a national leader in finding solutions for the physical, emotional and financial burdens LTC places on American Families. He has been recognized by the American Association for Long Term Care Insurance as one of the top specialists in the country. In 2015 he was listed among the top ten specialists in LTC planning in the nation. He has also worked in sales management for two of the leading organizations marketing LTC products. He served as Director of Business Development for ACSIA LTC and Senior Vice President/Sales for LTC Financial Partners. Many of his agents have been among the top LTC specialists in the industry. Matt's divisions have also led in an innovative webinar approach which allows agents to use screen sharing software so prospects can see the agent's desktop. Matt's proven areas of success include sales coaching, training and motivation in additional to being an experienced LTC specialist. He has produced results in total production, placement rates and lead efficiency. Matt is known for years of experience leading creative efforts for agent meetings and sales promotions which drove results for both agents and consumers. He is now focused on helping consumers find affordable solutions so they can protect their assets and never be a burden on family and loved ones. He specializes in LTCi, Critical Care and Asset Protection products. Matt also coaches individual agents throughout the country helping them improve their processes to help more consumers. Matt is also known as an effective public speaker on LTCi and LTC issues as well as sales motivation. He appears on radio and TV programs and is available for bookings. Because of his schedule an advance notice is always requested. Prior to dedicating his life to LTC, Matt was a well known radio station manager and personality, He worked at radio stations throughout the country He may be best known for as legendary Chicago radio personality Larry Lujack's co-host when Lujack came back out of retirement years ago. Matt can be contacted by email at http://mccannltc.net/ or by phone at 866-751-7957. You can follow Matt on Twitter: @mccannltc - https://twitter.com/mccannltc
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