Long-term care involves the assistance an individual may require when they are unable to perform the ‘activities of daily living’, otherwise known as ADLs, on their own. ADLs can include bathing, dressing, feeding oneself, bathroom functions, and walking.
An individual may need assistance with ADLs in the event of a broken hip or another debilitating injury, a stroke, or from simply advancing in age. Long-term care may also be necessary in cases of cognitive impairment caused by Alzheimer’s Disease, traumatic brain injury, or severe mental illness.
Many People You Know, Including Your Employees, Will Require Long-Term Care in the Future
Often, people in the prime of their lives overlook the need for long-term care. The workforce you lead may be young and in good health now, but as the past few years have demonstrated, life has a way of throwing the unexpected at us. It is near-impossible to determine who will ultimately require long-term care assistance, and unexpected illness or injury can befall even the most health-conscious.
The services offered in long-term care programs, generally known as ‘custodial care’, are often not covered in Medicare or Medicaid packages.
Long-Term Care Insurance Options Can Be Confusing to Navigate
A prospective insuree has many factors to consider when selecting a long-term care insurance plan. Will they wish to live at home if they require help with ADLs, or would they prefer to move into a structured facility for care? What is their current health situation, and how will it impact their longevity? Should they prepare for the prospect of hospice care?
By their very nature, these considerations can be overwhelming and even frightening.
Long-Term Care Employee Insurance Shows Your Team You Care
By including a well-considered long-term care insurance plan as part of your benefits package, you demonstrate to your employees that you value them beyond what they can do for you today. You show them that you care for their future well-being and that of their families.
In employing our services at Employee Retention Benefits, you provide your workers with insurance options that have been thoroughly researched and determined to be the most suitable.
For many Americans, a sudden event requiring long-term assistance is a financial catastrophe. Giving your employees the peace of mind of a plan will keep morale high and increase employee retention and satisfaction, as well as widen the pool of talent you will attract to your team.
For assistance in reviewing and comparing long-term care employee insurance plans, Employee Retention Benefits (ERB) is the number one choice on the West Coast. ERB have established relationships with benefits providers across the United States, and we work hard to evaluate the specific needs of each one of our clients and connect you with the best possible providers.
Our experienced and friendly team will guide you through the wide variety of available insurance plan options and help you make the best choice for your employees.