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Expert Home Care

Vice President at Expert Home Care, Inc.
Frank Esposito has 30 years experience in the field of non-medical home care and home health care in the state of New Jersey (NJ).As an operations manager he has delivered over 65 million hours of service to 8,000 + clients.He is sought after nationwide as a consultant and trainer.
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New Jersey’s Expert Home Care for Elders and Seniors provides care for your aging loved ones since 1984. Please call us when your loved one needs help – 800-848-2336.

More Younger People Buying Group LTC Insurance

Sales of group long-term care insurance policies jumped in 2007, while the average age of buyers dropped.

More than 62 percent of group LTC insurance buyers are now under age 55, the American Association for Long-Term Care Insurance’s 2008 sourcebook reveals. Nearly 10,000 employers groups now offer some form of employer-sponsored long-term care insurance.

The research also examines group LTC insurance claims and finds that four of the nation’s largest group long-term care insurers paid a cumulative $172.1 million in claims during 2007, a 16.9 percent increase over their benefit payments the prior year.

Interestingly, nearly 12 percent of those receiving first-time benefit payments from their group long-term care insurance were under the age 60, the report shows. Payments for home care accounted for nearly 40 percent of claims, while payments for nursing home care equaled 44.5 percent.

Reproduced with permission of CD Publications’ “Selling to Seniors.”

For more information, visit www.seniorsnews.net or call 1-800-666-6380.

Frank Esposito has 30 years experience in the field of non-medical home care and home health care in the state of New Jersey (NJ). As an operations manager he has delivered over 65 million hours of service to 8,000 + clients. He is sought after nationwide as a consultant and trainer.

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