Filed Under:Markets, Senior Market

When you go home for Thanksgiving

(AP Photo/Matthew Mead)
(AP Photo/Matthew Mead)

The season starting with Thanksgiving and lasting until New Year's has become America's unofficial Long-Term Care Need Assessment Period.

Jesse Slome, executive director of the American Association for Long-Term Care Insurance (AALTCI), has put out a guide to assessing the well-being of parents and other older relatives that could be useful both to consumers and their retirement and LTCI advisors.

Slome said adult children or other caregiver candidates who live far from their loved ones and go home for the holidays should consider taking the following steps:

  • Look for unopened mail, especially unpaid bills.
  • See if the loved one has lost weight, and see if the refrigerator or pantry are full of spoiled food.
  • Prepare a list of medications being taken and physician contact information.
  • Write down the make, model and license plate number for the loved one's car.
  • Write down the policy number and claim department contact information for any long-term care insurance (LTCI) policy that might be available.

Slome noted that LTCI carriers get a 15 percent increase in questions about benefits during the period following the holidays.

See also:

Featured Video

Most Recent Videos

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Protesters Disrupt WellPoint Annual Meeting

Provided by LIFEHEALTHPRO

Hecklers call for more disclosures of information about political contributions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.