With the aging of the baby boom generation and the cost of health care continually rising, the issue of long-term care (LTC) is of major importance to both consumers and policymakers. Designed for producers who must meet Massachusetts' ongoing 4-hour training requirement for long-term care and long-term care insurance, the course details today's long-term care insurance policies, including common features, provisions, options, and limitations. The course examines the ethical and suitability issues producers may face when offering long-term care insurance and concludes with a unit on Massachusetts' MassHealth program and how the purchase of a qualifying long-term care policy can exempt the insured from certain MassHealth eligibility and estate recovery rules.

This course fulfills Massachusetts’ ongoing 4-hour training requirement for licensed producers who sell long-term care insurance.

• Understand how long-term care is delivered and how much it costs
  
• Explain the roles of Medicare and Medicaid as public sources for funding long-term care
  
• Understand the basics of state long-term care insurance partnership programs and their role in reassigning the costs of care from public to private resources
  
• Explain the primary forms of long-term care insurance, along with their features and characteristics
  
• Understand the needs and circumstances under which long-term care insurance is suitable or unsuitable
• Describe the basics of MassHealth and how purchasing a qualifying LTC insurance policy can exempt the insured from certain MassHealth eligibility and estate recovery rules