The gist of the message is given in a video that has been playing in major American airports: (YouTube video)
http://www.youtube.com/watch?v=xpGQRjCs3AA (as viewed on CNN airport newscasts).
More details have been supplied in an audio interview broadcast by Sky Radio on Delta Airlines flights: http://www.ltcfp.us/SkyRadio-Gott2.mp3.
"Even promised reforms will not solve what is considered the single biggest financial risk Americans face," Gott says. Immediate action by individual citizens may be vital because -
- Long term care insurance plans have a history of growing in value over time. Because of inflation, a policy purchased a few years ago is worth more today. And you can expect a policy purchased today to be worth more tomorrow. "Why wait to buy? It's counterproductive."
- Health seldom improves over time. "If you wait too long to apply, you might no longer qualify."
- Rates depend on age. "If you sign up at age 40, you pay age-40 rates for the life of the policy." Waiting ups the rate, which could cost you a bundle.
- Tax benefits should not be overlooked. "Federal and state tax deductions or credits may be available to you. If you qualify, you can take them every year, year after year, once you're covered." So why wait? Why not start getting those benefits now?
More information is available at www.ltchotline.com.
To view a VNR (video news release) for this story, visit:
http://send2press.com/newswire/2009-09-0928-001.shtml .
*(PHOTO 72dpi: Send2Press.com/mediaboom/09-0910-3in4ltc_72dpi.jpg)
*(Photo Caption: Logo for "3 in 4 Need More" seminars.)
*(PHOTO 72dpi: Send2Press.com/mediaboom/09-0915-DeniseG_72dpi.jpg)
*(Photo Caption: LTC Financial Board Chairman Denise Gott.)
This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com
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