Long-Term Care Insurance
Group Long-Term Care plans are becoming an increasingly common voluntary benefit offered by employers today. The prospect of long-term care is one of the most important issues your employees may have to face. The cost of long-term care is expensive and generally not covered by other employee benefits. If someone requires long-term care, it is not just an emotional strain but a financial one as well, impacting retirement savings and overall financial position.
Savvy employers know that access to additional resources can increase employee productivity when confronted with managing long-term care situations. Long-Term Care plans demonstrate to your current and prospective employees that your company cares about them--increasing the ability to attract and retain the very best talent.
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