Pasadena, CA – Long Term Care Insurance for Employees, Corporations, & Unions
Many people mistakenly believe that health insurance will cover all their medical needs, but this is often not the case. Health insurance generally only covers acute care, which is care that is necessary to treat an illness or injury. Long-term care, on the other hand, is care that is necessary to manage a chronic condition or help with activities of daily living. This offering can include instances where a patient has experienced a debilitating accident or suffers a chronic condition that requires special attention. Because long-term care can be costly, it’s essential to consider long-term care insurance when making benefits decisions for your company or union.
While long-term care insurance can be expensive, it is often worth the investment for your company or union in the long run. At Employee Retention Benefits, we help you maximize your investment in this type of plan. Let’s explore some of the benefits of offering long-term care insurance.
Provides essential coverage
Long-term care insurance is a type of insurance that can provide coverage for a wide range of services not typically found in typical medical plans. These services can include custodial care, home health care, and personal care services. Long-term care insurance can help pay for these services, which can otherwise be very expensive. In addition, long-term care insurance can also help to cover the costs of things like respite care, transportation, and meals. As a result, this kind of insurance can be a great way to provide additional coverage for those who need it the most.
Reduces stress on families
Long-term care insurance is a substantial benefit to offer at your company or union. It helps protect employees and their families from the strain of finding appropriate care that won’t break the bank — a difficult task in itself. Long-term care insurance can provide peace of mind for employees or union members and their families, knowing that they will be able to receive the care they need. They also won’t have to break the bank to find adequate coverage. Long-term care insurance also helps unload the time commitment of having to take care of a loved one in need.
Helps differentiate you as an employer
Long-term care insurance is a significant employee benefit that can help your company or union attract and retain talent. As the generations age, the need for long-term care services is expected to increase. Many workers are concerned about how they will pay for long-term care expenses, which can be very costly. By offering long-term care insurance, you can show your employees that you are committed to their financial security and health. This valuable benefit can also give your company or union a competitive advantage when it comes to recruiting new workers and retaining top talent.
At Employee Retention Benefits (ERB), we’re committed to bringing cutting-edge long-term care insurance plans to your company or union. We bring decades of experience and one of the largest networks in the country to help you implement a long-term care insurance plan for your business or association. If your business is in Pasadena, CA or the surrounding area, we’re committed to enhancing your insurance package offering.