Long Term Care
Offering a group benefits plan can be an excellent way to help attract and retain employees. Employer-sponsored Long Term Care is an increasingly popular component of a comprehensive group benefits plan.
Over the last decade, long term care insurance has gained much visibility. With an aging workforce and continual rising costs of care for the aged, the value of offering this benefit as part of your group plan is apparent. An employer can positively affect the value of this benefit even if the employee largely bears the costs. Participation for the employee is often less costly when done through a group plan and there are often tax advantages which further reduce the effective cost.
At Regency, we understand that the makeup of every Group Benefits Plan will vary based on the goals and budget of the Employer providing the plan. We’ll examine your specific situation and will make recommendations from among our providers to best address your specific needs.