Crump Insights

The Impact of State-Mandated Long Term Care Insurance on Your Clients

August 16, 2023 Crump Life Insurance Services
Crump Insights
The Impact of State-Mandated Long Term Care Insurance on Your Clients
Show Notes

With Medicaid costs skyrocketing, states are taking action, mandating income taxes to provide for state-funded long term care insurance programs. This action will have a significant impact on the choices clients have for covering their long term care needs. In fact, some states are considering banning private LTC insurance in lieu of the state option. In this timely episode, Crump's Rick Stewart provides an update on which states are currently considering this action, and what you can do to serve your clients before it's too late.