Long-Term Care 4-Hour Training_OH

Overview

Today's long-term care insurance policies have become more broad-based and offer more benefits than ever before. At the same time, they have also become more complex: their coverage options, characteristics, features, and riders can make for a confusing array of provisions, benefits, and limitations. Consumers need a knowledgeable and informed producer who can help determine the appropriate policy and present suitable options for long-term care coverage. This course is intended to provide producers with the information and knowledge needed to guide clients through the maze of long-term care and long-term care insurance options.

This course is specifically designed to meet the ongoing study requirement for licensed producers who have completed an initial long-term care training program and has been approved for this purpose.

Learning Objectives

Upon conclusion of this course, students will be able to:

  • describe the need for long-term care
  • demonstrate an understanding of how long-term care is delivered and how much it costs
  • describe the roles of Medicare and Medicaid as public sources for funding long-term care
  • •outline the basics of state long-term care insurance partnership programs and explain their role in reassigning the costs of care from public to private resources
  • describe the common features and characteristics of today's long-term care policies
  • demonstrate an understanding of the needs and circumstances under which long-term care insurance is suitable and cite the NAIC's suitability standards for marketing long-term care insurance

Designed For

Life and health insurance producers; financial planners and advisors
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