McCann Applauds President’s Proclamation on Caregivers

A nationally known expert on Long-Term Care planning has applauded President Donald J. Trump as he proclaims November 2017 as National Family Caregivers Month. Matt McCann says the issue of caregiving is huge and it makes sense to talk about caregivers during Long-Term Care Awareness Month which is also in November.

“Every day, compassionate Americans devote time, energy, and resources to ensure that family members who are disabled, elderly, chronically ill, or injured can remain in the stability and comfort of familiar surroundings. During National Family Caregivers Month, we honor those whose extraordinary selflessness provides others with independence and comfort,” said President Trump.

McCann says the issue of caregiving and Long-Term Care has become an even bigger issue in the past couple of decades as advances in medical science add longevity to our lives. The US Department of Health and Human Services says if you reach the age of 65 you have a 70% chance of needing some type of long-term care service before you pass. The impact on American’s savings is tremendous. The impact on family and caregivers is life changing.

“The President and his Administration has outlined healthcare as a major priority. I applaud President Trump in recognizing caregivers and the role they play in providing help for those who are older or chronically ill,” McCann said.

McCann said he hopes the Trump Administration will fight for tax benefits including an above-the-line tax deduction for qualified Long-Term Care Insurance policies.

“Helping the American people plan for the financial costs and burdens of aging should be a priority. I know the Trump administration supports Health Savings Accounts which can be used to pay for LTC insurance using pre-tax money. An above-the-line deduction will allow more people to plan in advance, before they retire, so they can safeguard their 401(k) IRA 403(b) and other assets. Plus LTC insurance policies makes it easier on family be reducing the burden placed on them. It also provides the money for quality caregivers in the setting they desire,” McCann noted.

“Each November we acknowledge the commitment of exceptional Americans who embody the compassion and spirit of our Nation. We support the life-affirming work of our Nation’s caregivers and thank them for the sacrificial devotion that improves the lives and honors the dignity of their loved ones,” the President said.

McCann said he will work with the President and Congress to make affordable Long-Term Care insurance even more available by providing the tax incentives which will not only protect the savings of American families but protect the budgets of state and federal government programs like Medicaid so the poor have the benefits they need as well.

He suggests a number of online resources which are valuable for planning and education during Long-Term Care Awareness Month:

US Department of Health and Human Services – https://longtermcare.acl.gov/

LTC News – www.ltcnews.com

Plus his website: www.mccannltc.net

 

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Long-Term Care Awareness Highlighted in November

November in Long-Term Care Awareness Month. This is an outstanding time of year to think about not only your older family members and how aging is impacting them but your own planning for the financial costs and burdens of aging.

“Long-Term Care is about family. As the holidays approach our thoughts are squarely on family. This is the time we see older family members and how the aging process has impacted their life. We realize the financial costs and burdens of aging will have a significant impact on our own savings and loved ones. This is why the holiday season is when many people start their planning,” said Matt McCann speaking to insurance agents on LTC planning.

McCann reminds us the cost of long-term care is high and not covered generally by health insurance or government programs like Medicare (outside of skilled care for a limited amount of days).

“The effect on your savings and lifestyle can be tremendous. The impact on family also creates a huge burden. Without an advance plan the consequences of Long-Term Care get placed on the shoulders of adult children, often a daughter or daughter-in-law,” McCann explained.

He said family members have their own families, careers and responsibilities.

“Most people just don’t want to place this burden on their family. Spouses are usually not able to be caregivers either because of their own health or age. Caregiving is not easy. Managing outside caregivers also is a big responsibility. Pressure to do the right thing and manage your money while dealing with the emotions of the situation is hard for most anyone,” McCann said.

Former First Lady Rosalynn Carter said, “There are only four kinds of people in the world: those who have been caregivers, those who are currently caregivers, those who will be caregivers, and those who will need caregivers.”

“LTC Awareness month gives us the time to think, plan and act. We need to make sure our older family members are doing ok. In today’s society we often don’t see extended family as much as we would like. With the holidays fast approaching this is a perfect time to check to see if they are living in a safe environment. Do they need help and assistance with normal living activities. Do we need to help advocate for them for quality care and assistance? These are things we should be thinking about during this month especially,” he said.

McCann notes that the best time to plan for your own future needs is before you retire.

“Long-Term Care Insurance is Easy and Affordable Asset Protection. When designed by a specialist who understands underwriting, claims and policy design an affordable plan can be put in place to safeguard retirement savings like a 401(k) IRA and 403(b). This is where a specialist comes into play,” McCann said.

McCann works with consumers nationwide. He also helps local agents and advisors design plans for their clients.

He suggests a number of online resources which are valuable for planning and education during Long-Term Care Awareness Month:

US Department of Health and Human Services https://longtermcare.acl.gov/

LTC Newswww.ltcnews.com

White House Department on Aging – Caregiving Resourceshttps://archive.whitehouseconferenceonaging.gov/happening/resources-caregivers.html

American Association for Long-Term Care Insurance (AALTCI) www.aaltci.org

Plus McCann’s website has outstanding resource information available to consumers and financial professionals – https://mccannltc.net/resources

“Peace-of-mind is something most of us desire. Use this November to give the gift of peace-of-mind and safeguard your savings with affordable LTC Insurance,” McCann said.

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Medicare and Medicaid Long-Term Care Coverage Information

health insurance Medicare Medicare Supplement

We are hearing a lot of talk about Medicare and Medicaid. When it comes to Long-Term Care these programs have limited benefits.

Medicare is health insurance for those age 65 and older. It will pay (along with your supplement) 100 days for skilled long-term care. That is it.

Medicaid is health care for the nation’s poor. It has a long-term care benefit BUT you must have very limited assets in order to qualify.

This link explains it all: https://mccannltc.net/resources/medicare-and-medicaid-coverage-information

See the information for your state, including tax benefits and partnership availability for affordable Long-Term Care Insurance: https://mccannltc.net/resources/state-information

Long-Term Care will impact you, your family, your savings and your lifestyle. Affordable LTC insurance will safeguard your future retirement savings from the financial costs and burdens of aging.

See how easy and affordable LTC insurance can be. Get free quotes and learn your options: https://mccannltc.net/quote

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Alzheimer’s in Recent NCIS TV Episode

A Bowl of Cherries

CBS-TV’s NCIS on their April 4th episode deals with Alzheimer’s and memory loss when agent’s mom reveals her problem. The emotional scene reminds us that memory loss and aging issues impact every family. Memory problems are one of the major reasons people

require long-term care. The impact on family is tremendous. It impacts your savings, your lifestyle and places a huge amount of burden on loved ones.

Watch the scene: https://www.facebook.com/matt.mccann.longtermcare/videos/10155230166306757/

Advance planning will reduce the burden any type of Long Term Care places on family. Affordable LTC insurance will protect assets and allow family members to be loving and supporting. The financial costs and burdens of #aging will impact you and your family Act before your #retirement – get your free guide on long-Term care planning –  and learn about your options, including partnership plans which provide additional asset protection and single premium “hybrid” plans with death benefits. www.mccannltc.net

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Work with Specialist in Long-Term Care Planning

Matt McCann conference pic 5There are many financial planners and insurance agents throughout the country. There are very few Long-Term Care specialists.

If you are looking to find an affordable way to address the financial costs and burdens of aging than contact me.

Endorsed by the American Association for Long Term Care Insurance, I represent all the top companies, licensed throughout the country and have 18+ years of experience with thousands of clients throughout America.

Affordable LTC insurance will safeguard your future retirement and ease the burden care places on family. Traditional plans, partnership plans, single premium plans with death benefits and shorter benefit plans are available and affordable.  Plus you will have the money to have quality caregivers and quality facilities. This adds tremendous peace-of-mind to your family.

The US Department of Health and Human Services says if you reach the age of 65 you have a 7 in 10 chance of needing some type of long-term care service before you pass. The cost of care is high and is most long-term care services are not paid for by health insurance, Medicare or Medicare Supplements.

We need long-term care due to illness, accidents or the impact of aging. Alzheimer’s and dementia become common as we age but are only one of many reasons people require help with activities of daily living or supervision due to memory problems.

not all dementia present the same

Act before you retire and see how EASY and AFFORDABLE  a Long-Term Care plan can be: www.mccannltc.net

Get free quotes from all the top companies: www.quoteonltc.com

There are a few good online resources for consumers to learn more:

LTC Planning News: www.longtermcareplanningnews.com.

US Department of Health and Human Services LTC site: http://longtermcare.gov.

The American Association for Long Term Care Insurance: www.aaltci.org

My website has some useful information as well: www.mccannltc.net.

 

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Long Term Care Insurance Claims Rise In 2016

insurance claim form

As the American people age and improvements in medical science allow us to survive illness and accidents more than ever before, people with Long Term Care Insurance are receiving benefits in even larger numbers.

 

The nation’s long-term care insurance companies paid $8.65 Billion in claim benefits in 2016 according to the American Association for Long-Term Care Insurance (AALTCI) a national consumer education and advocacy group.

Long Term Care Insurance works and provides the benefits required to safeguard your future retirement income and assets from the financial costs and burdens of aging. A affordable plan for long-term care will help you have a successful retirement with asset protection preserving the lifestyle you and your spouse/partner have enjoyed and the ease the burden extended care places on loved ones.

Read the full article here from LTC Planning News: http://longtermcareplanningnews.com/articles/long-term-care-insurance-claims-rise-2016

The best time to start planning for long-term care is before you retire as part of your overall retirement plan. The goal is to safeguard your 401(k), IRA, #403(b) and other savings. Affordable LTC insurance will protect your assets and ease the burden on your family.

Learn your options and see how easy and affordable a long-term care plan can be.

http://mccannltc.net/

 

 

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Most People Can Afford Long Term Care Insurance

Middle aged couple in a cafe

Like many people these days you probably go to the internet to research products and services. It is easy and convenient. It can also be a maze of inaccurate or misleading information. Do a search on long-term care planning and long-term care insurance; you can find a bunch of stuff. This “stuff” suggests anything from LTC insurance is affordable and essential to very expensive and not necessary.

 

 

If you are a smart consumer you will check your facts and find a specialist who can answer your questions, explain the pros and cons based on your situation, see which company best fits your age and health and help you through the underwriting process. This way you can have the peace-of-mind having an affordable plan to address the financial costs and burdens of aging.

LTC insurance is affordable especially if you plan in your 40’s and 50’s. This is not to say it is too expensive if you are older but health issues may make it more difficult. This is why you should contact a person like me who represents all the top companies and has extensive experience

Read the article from LTC Planning News: http://longtermcareplanningnews.com/articles/long-term-care-insurance-costs

Learn about your options and act before you retire: www.mccannltc.net

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