Facts for Business Owners and Employers
The information provided here will be of interest to you both for business owners looking to protect themselves and family members, themselves and partners, and possibly employees as well.

Your business may be at risk, but not for the reasons you might think: Providing care for people who are not on your payroll could cost you in more ways than one.

The Problem
When an employee of yours needs to provide long-term carefor someone at home, it can directly impact your bottom line. You may not notice the cost immediately, over a period of time it can really add up in reduced productivity due to time off from work, increased mental or emotional fatigue, and lowered morale.

Recent studies show that lost worker productivity due to caregiving is currently costing employers between $11 billion and $29 billion annually. Yes, that's a lot of money, but the situation can be improved with little cost to you. In fact, you may actually improve your bottom line.WHY BOTHER?

You may be wondering why bother to add another product to your current employee benefit program. First, it costs you to recruit, hire, and train your employees. Once they are up to speed and doing a good job for you, you don't want to lose them. But you could, and not because they don't like their job. They might have to provide long-term care to someone in their family, and that could cause problems for you.

What Can You Do?
Offering long-term care insurance for parents or grandparents benefits your employees in many ways. They may not have to take time off from work, use vacation time or sick days, pass up a promotion, quit their job or retire early in order to care for family members. When the employee and his or her family members have LTC insurance, you, the employer could also benefit. If the employee does not have to take time off from work, or work an additional 20-30 hours a week outside of work providing care to a family member, the impact on both you and the employee will be greatly reduced.

Offering long-term care insurance to your employees is simple. Once you have authorized the insurance company to offer the insurance to your employees, the company will assist you in announcing the new addition to your employee health benefits package.

The company will also provide you with a series of follow-up items to encourage employee participation and will provide well-trained specialists to meet your employees in small groups to explain the new benefits. They will also meet one-on-one with the employees and their families to enroll them in the program. All at no cost to you.

Specialists will provide follow-up meetings for those who do not immediately enroll and will be available to anyone who has additional questions.

The Solution
A complete package of long-term care insurance benefits that are easy to understand and flexible enough to cover most any situation areavailable to you, your employees, and other family members at a reduced premium.

While employees and their family members typically pay the entire cost of the insurance, employers can pay for coverage of key employees on a selective basis. There are significant tax advantages to employer-paid plans, both for the employer and the employees. Consult your accountant for details.

Here are three very important facts that many business owners are NOT aware of:

1. The federal government increased tax incentives to business owners who purchase long-term care insurance

2. You may be able to use pre-tax corporate dollars to protect yourself, your key employees - even spouses and…

3. Cost for coverage may now be 100% deductible to your company - and not taxable income to the employee!

Free Brochure Describes Benefits
Can your business deduct 100% of the cost of protection? Can you only cover specific individuals? What are the common mistakes to avoid?

These questions are answered in a pamphlet specifically created for business owners from the American Association for Long-Term Care Insurance.

For C-Corporations, S-Corps, LLC’s, or even Self-Employed - the booklet provides simple information specific for businesses.

Call today (972) 618-0677 or e-mail us for your FREE COPY. Be sure to include your name, your company name, address, and telephone number.

There is no obligation and it's information you'll find of interest and value -- especially if you are already familiar with the subject of long-term care.

1. "MetLife Juggling Act Study." MetLife Mature Market Institute, November 1999.
2. "Financial Gerontology." Journal of Financial Service Professionals, March 2000.
3. "Study: Long Term Care Crisis Ahead." Best Review, May 1999.