Medicare and FE Experience--WHERE Do I Go for LTC?

[NunyaBidnit]

I have done pretty well with Medicare and associated products and Final Expense. But I know nothing about LTC---is it growing? Is it better to contract direct or via an IMO? Which ones?

I have a friend with my Medicare firm that swears by Genworth LTC--have not looked into it yet, would like to get the feedback from here first,

Is this a good and growing market? IMO or direct? Which one?

THANKS FOLKS!!!!

 

[TwiLight]

I have done pretty well with Medicare and associated products and Final Expense. But I know nothing about LTC---is it growing? Is it better to contract direct or via an IMO? Which ones?

I have a friend with my Medicare firm that swears by Genworth LTC--have not looked into it yet, would like to get the feedback from here first,

Is this a good and growing market? IMO or direct? Which one?

THANKS FOLKS!!!!

Depends on your State. Options are limited in CA, FL, NY and Texas due to the LTCi regulations and lack of STCi products.

Give me a call and I can give you the skinny.

 

[ltcadviser]

Depends on your State. Options are limited in CA, FL, NY and Texas due to the LTCi regulations and lack of STCi products.

Give me a call and I can give you the skinny.

Options are not limited for LTC in NY, TX, CA or FL.

 

[TwiLight]

Options are not limited for LTC in NY, TX, CA or FL.

Meaning there are no short term recovery options to use with Higher elimination periods for LTC...

Combining plans usually offers lower LTC premiums that may approach affordability for the middle class

 

[JimmyUt]

I have done pretty well with Medicare and associated products and Final Expense. But I know nothing about LTC---is it growing? Is it better to contract direct or via an IMO? Which ones?

I have a friend with my Medicare firm that swears by Genworth LTC--have not looked into it yet, would like to get the feedback from here first,

Is this a good and growing market? IMO or direct? Which one?

THANKS FOLKS!!!!

Find a good partner and refer the business. You have more than enough to keep you busy with Medicare and final expense, that you don't need to tackle long term care.

 

[NunyaBidnit]

Find a good partner and refer the business. You have more than enough to keep you busy with Medicare and final expense, that you don't need to tackle long term care.

Wow THANKS Jimmy--I dont recall you reviewing my tax returns, but thank you for the pointless reply

 

[GreenSky]

Wow THANKS Jimmy--I dont recall you reviewing my tax returns, but thank you for the pointless reply

And thank you for all the pointless responses.

Rick

 

[moonlightandmargaritas]

And thank you for all the pointless responses.

While we're on the subject, what ever became of "The Rabbi"?

 

[scagnt83]

I have done pretty well with Medicare and associated products and Final Expense. But I know nothing about LTC---is it growing? Is it better to contract direct or via an IMO? Which ones?

I have a friend with my Medicare firm that swears by Genworth LTC--have not looked into it yet, would like to get the feedback from here first,

Is this a good and growing market? IMO or direct? Which one?

THANKS FOLKS!!!!

Genworth is good, especially for married couples.
Single coverage can be more competitive among carriers. MoO and Trans both have good policies.

You will have to go through an IMO for most of the carriers. So find one with good LTCI support and let them help. Pinney (who is known for term life) actually has good LTCI support. Plus a LTCI quoter for agents through their website.

 

[CALTCAgent]

But I know nothing about LTC---is it growing? Is it better to contract direct or via an IMO? Which ones?

You must go through an IMO.

I would say it is not growing, but getting harder. This will vary by state, IMO.

IMO or direct? Which one?

I would refer to an experienced LTC agent. IMO's don't know how to sell this stuff.