Use Long Term care plans as part of your company employee benefits program

Long term care insurance plans are probably the fastest growing benefit in the United States. People are living much longer because of the advancement of medicine and are much more likely at some point in time to need this employee benefit. The cost of this care is approximately $70,000 to $80,000 a year and increasing all the time. The problem is without a long term care policy in place, the costs of care can eat through your savings and retirement in a hurry. A good Long Term Care policy will not only protect your financial assets, but  will protect your loved ones from the burden of have to care for you and make decisions about you in those circumstances. These long term care policies can be either voluntary or paid for by the company.