Overview
As our population ages, the need for long-term care becomes crucial. This course prepares producers and financial advisors to counsel clients on long-term care options and funding. It covers the nature of long-term care, services and providers, insurance, partnership programs, and policies, as well as federal and state programs like Medicare and Medicaid. The course also discusses the market for long-term care insurance and the ethics and suitability standards for selling LTCI policies.
Important Note: Please verify you have the proper license before ordering and completing this course.
Learning Objectives
- Describe the conditions that have led to the growing need for long-term care
- Explain the types of LTC providers and the services they offer
- Demonstrate an understanding of the options and limitations of Medicare and Medicaid for paying for long-term care
- Outline and define the purpose, function, and application of long-term care insurance
- Explain the fundamentals of LTC partnership programs and the requirements for LTCI policies that are sold with these programs
- Demonstrate an understanding of the ethics and suitability issues that surround the sale of LTC insurance
- Describe the rules for the design and issue of policies that are to be used in concert with Arkansas's LTC partnership program
Designed For
Life and health insurance producers and finance professionals
Find this course for your license:
License or Certification
Regulator
Type