“Views: A retirement readiness benefit that addresses the financial challenges of aging,” by Brian Harrington, Employee Benefit News
“With financial readiness emerging as a major theme in benefits, attention is turning to an often overlooked aspect of retirement planning: helping employees address the financial challenges of aging — namely long-term care, an expense that can quickly wipe out the best-laid retirement plans. To help employees and their families protect their hard-earned savings from these potentially devastating costs, more employers are offering group long-term care insurance as part of their financial readiness benefits.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
With all the talk about caregiving by sandwiched generations, maybe a GLTC resurgence is coming.