- Format:Online Self-Paced
- Education Type:Continuing Education
- Line of Authority:Life and Health
- Language:English
- Credit Hours:7
This course covers key topics to understanding the long-term care (LTC) needs of elderly adults. This course begins with an overview of Medicare and Medicaid in terms of how they will or will not pay the costs of LTC, then goes into LTC statistics, costs, provider options, and policy features and provisions. The course concludes with several modules that consider how to better explore a client’s LTC needs and identify alternative coverage/financing solutions.
What You'll Learn
- The purpose, qualifications, and parts of Medicare
- The risk and reward of three LTC insurance purchase methods
- The relationship between Medicare, Medicaid, and LTC Insurance
- Underwriting differences between LTC policies and LTC riders added to life insurance
- How to engage clients and asses their LTC needs based on their provider preferences, and how much and how long LTC insurance is needed
- How the purchase of LTC insurance impacts clients’ wealth accumulation, protection, transfer, and distribution
What's Included
What to Expect
This online self-paced course allows you to study independently, whenever it is convenient for you. All you need is a device (computer, tablet or smartphone) with internet access.
Regulatory Information
View your state's insurance licensing requirements
Course Provided By: XCEL Solutions LLC.
Course Name: IN Senior Moments: Long-Term Care Insurance and Medicare - 7 Hours
Approved course ID:41791