Long term care Insurance pays when one can no longer care for themselves.

Long Term Care includes a wide range of mostly non-medical services that are designed to help people maintain the maximum level of independence. Care can be custodial, intermediate or skilled in nature and can be provided in the home, community or institutional setting. Long term care can be provided in a formal or informal manner. Formal long term care refers to services that are paid for while family or friends provide informal care.

The three generic types of coverage are typically called nursing facility, home care and comprehensive, which includes both nursing and home care coverage. http://www.bjfim.com/miscellaneous/faqs/  BJFIM.com  Children can pay the premium on their parents policy.  Benefits are generally income tax free, see the  “http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/taking.care.of.tomorrow. CDA_brochure_lo_res.pdf”>Taking Care of Tomorrow   brochure for more details.
“http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/taking.care.of.tomorrow.CDA_brochure_lo_res.pdf”>

Taking Care of Tomorrow  http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/taking.care.of.tomorrow.CDA_brochure_lo_res.pdf

http://www.steveshorr.com/medi_gap_medicare_advantage/images/taking.care.of.jpg
http://medicare.healthreformquotes.com/medi-gap-supplements/”>Medicare

does NOT pay for Long Term Care

http://medicare.healthreformquotes.com/medi-gap-supplements/

http://healthreformquotes.com/individual/companies/covered-ca/medi-cal/

(Medicaid)  Welfare, might pay, however if you have $$$ or Property, they might put a

http://web.archive.org/web/20080906133832/http://www.dhs.ca.gov/mcs/psd/TPL/PDFs/ER%20Brochure%20English%202005.pdf

lien</a> on your home.</p>

http://www.medicare.gov/Pubs/pdf/10969.pdf
<p align=”justify”>”<b>Activities of daily living”</b> include eating, bathing, dressing, ambulating, transferring, toileting, and continence; <sup><span style=”font-size: xx-small;”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Long_term_care_california_law_highlights.htm#10232.8.__(a)In_every”><span style=”font-family: Arial;”>§</span>10232.8</a></span><span style=”font-size: small;”>  </span><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Long_term_care_california_law_highlights.htm#definitions_of_activities_of_daily_living not qualified”><span style=”font-size: xx-small;”>CA Law Definitions</span></a></sup></p>
<p align=”justify”>The average cost for a private room in a nursing home in Los Angeles is <a href=”http://www.bjfim.com/”>$175/day.</a>  Average hourly home heath care is <a href=”http://www.bjfim.com/”>$15.</a> <a href=”http://www.genworth.com/content/agents/agent_master/florie_leddel/ltc_information/cost_of_care_map.html?WT.svl=RCBANMAP&amp;mlink=RCBANMAP”>2010 Updates</a> <a href=”http://www.dhcs.ca.gov/services/ltc/Documents/Cost_Projections_Website
$200.pdf”>Daily Cost Chart 5% Compound</a>  Long Term Care policies can be purchased to pay part or the full amount of these costs and can include inflation protection.</p>
<p align=”justify”>Please call 310.519.1335 or email us <a title=”email us” href=”mailto:[email protected]”>[email protected]</a> for more details.</p>
<p align=”justify”>Ask us about the NEW <a title=”Lincoln National’s Website on Money Guard” href=”https://www.lfg.com/LincolnPageServer?LFGPage=/lfg/lfgclient/fprod/ltc/index.html&amp;LFGContentID=/lfg/lcf/prd/mon/ulpnw”>Lincoln National MoneyGuard Reserve Plus</a>  ♦  <a title=”Sample illustration – email us to get one for YOU” href=”http://healthreformquotes.com/wp-content/PDFs/Long-Term-Care/sample.illustration.money.guard.lincoln.national.pdf”>Sample Illustration</a>  ♦  <a title=”2 page disclosure” href=”http://ltcsolutions.net/moneyguard_singlepremium.pdf”>Fact Facts Reserve</a></p>
&nbsp;
<p align=”justify”>The average cost for a private room in a nursing home in Los Angeles is <a href=”http://www.bjfim.com/”>$175/day.</a>  Average hourly home heath care is <a href=”http://www.bjfim.com/”>$15.</a> <a href=”http://www.genworth.com/content/agents/agent_master/florie_leddel/ltc_information/cost_of_care_map.html?WT.svl=RCBANMAP&amp;mlink=RCBANMAP”>2010 Updates</a> <a href=”http://www.dhcs.ca.gov/services/ltc/Documents/Cost_Projections_Website_$200.pdf”>Daily Cost Chart 5% Compound</a>  Long Term Care policies can be purchased to pay part or the full amount of these costs and can include inflation protection.</p>

<a href=”http://healthreformquotes.com/wp-content/uploads/2013/09/LTC.Proposal.Request.Form_.pdf”><img id=”img12″ style=”border: 0px none;” src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/buttons/button186.jpg” alt=”Get LTC Quote” width=”155″ height=”31″ border=”0″ /></a> Get LTC Quote
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/long.term.care.ltc.no.table.htm#Advantages_to_buy_NOW,_prior_to_age_65.”>Advantages to buying sooner rather than later</a></p>
<p align=”center”><span style=”font-size: large;”><b>Consumer Brochures</b></span></p>

<a href=”http://www.lifehappens.org/videos/long-term-care-insurance-101/”><img title=”Long Term Care Video” src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/long.term.care.jpg” alt=”Long Term Care Video” width=”125″ height=”100″ border=”0″ /></a> Long Term Care Video
<p style=”text-align: right;” align=”center”><a href=”http://www.lifehappens.org/videos/long-term-care-insurance-101/”>Long Term Care </a>Video</p>
<p style=”text-align: left;” align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Prudential.pdf”>Prudential – Long Term Care
<img src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/Prudential.long.term.jpg” alt=”Prudentail Long Term Care” width=”123″ height=”41″ border=”0″ /></a></p>
<p style=”text-align: left;” align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Pru%20Guide.pdf”>Prudential – Features Chart</a></p>
<p style=”text-align: left;” align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Genworth%20LTC1.pdf”>Genworth Long Term Care Brochure</a>
<a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Genworth%20LTC1.pdf”><img src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/Long.term.care.gif” alt=”Genworth Long Term Care Brochure”
https://www.genworth.com/longtermcare/home”>genworth.com/long term care</a></p>
http://online.wsj.com/article/SB10001424127887323628804578344321363014936.html”>Suspension of Sales in CA<
http://www.steveshorr.com/medi_gap_medicare_advantage/medicare_publications.htm”>Other Medicare Publications
<p align=”center”><a href=”http://steveshorr.com/medi_gap_medicare_advantage/Federal/2015/medicare.and.you.2015.10050.pdf”>Medicare &amp; You Page 117 et seq.</a></p>
<p align=”center”><a href=”http://longtermcare.gov/”>http://longtermcare.gov/</a></p>
<p align=”center”>Federal Long Term Care Commission</p>
<p align=”center”><a href=”http://www.forefieldkt.com/kt/trns.aspx?xd=ENT-calc-08&amp;il=ai&amp;xsl=input”>Should You Consider Buying Long Term Care Insurance</a>
Interactive Tool</p>
<p align=”center”><a href=”http://www.choosetosave.org/calculators/index.cfm?fa=retireeCalc”>Choose-to-Save – Retiree Health Savings</a></p>
<p align=”center”>In Charge Education Foundation – Long Term Care</p>
<p align=”center”>CA Health Advocates – <a href=”http://www.cahealthadvocates.org/”>Overview</a>  <a href=”http://www.cahealthadvocates.org/”>FAQ’s</a></p>
<p align=”center”>Calif Health Care Foundation – <a href=”http://www.chcf.org/documents/hospitals/LTCFactFigures07.pdf”>LTC Facts &amp; Figures</a></p>
<p align=”center”><b> <a name=”Consumer_Links”></a><a href=”http://healthreformquotes.com/long-term-care/long-term-care-brochures-resources/”>Consumer Resources</a></b></p>
&nbsp;
<p align=”center”><b><a name=”Advantages_to_buy_NOW,_prior_to_age_65.”></a>Advantages to buy NOW, prior to age 65.</b></p>
<p align=”justify”><span style=”color: #000080;”>(1) He probably is a preferred risk at this time, he may not be later – at age 65</span></p>
(2) A lifetime premium today will be about $2,900 for a 5 year benefit period vs. $8,000 at age 65. It will probably be even higher as the daily cost will be around $300  compared to $200 today, so his premium will be closer to $10,000.

He can purchase a limited pay plan (paid up in 10 years) today for the same premium is will cost him at age 65.

The advantage of a limited pay plan is that he will have no premium outlay when he retires.
http://healthreformquotes.com/long-term-care/long-term-care-technical-broker-links/”>Technical &amp; Broker Links</a></b></p>
<a name=”Tax_Deduction”></a>Tax Deduction for Long Term Care

http://bjfim.bordenhamman.com/”
http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/ltc%20barry%20fisher%20Proposal%20Request%20Form.pdf”> Get Long Term Care Insurance Quote<
http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/LTC.Proposal.Request.Form.pdf”> LTC.Proposal.Request.Form. http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/long.term.care.ltc.htm#Advantages_to_buy_NOW,_prior_to_age_65.”>Advantages to buying sooner rather than later</a></p>
Consumer Brochures

http://www.forefieldkt.com/kt/trns.aspx?xd=ENT-calc-08&amp;il=ai&amp;xsl=input”>Should You Consider Buying Long Term Care Insurance</a></p>
<p align=”center”><a href=”http://www.choosetosave.org/calculators/index.cfm?fa=retireeCalc”>Choose-to-Save – Retiree Health Savings</a></p>
</li>
<li>
<p align=”center”>CA Health Advocates – <a href=”http://www.cahealthadvocates.org/”>Overview</a>  <a href=”http://www.cahealthadvocates.org/”>FAQ’s</a></p>
<p align=”center”>Calif Health Care Foundation – <a href=”http://www.chcf.org/documents/hospitals/LTCFactFigures07.pdf”>LTC Facts &amp; Figures</a></p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/dental_over_65.htm”><img id=”img10″ src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/buttons/button1EF.jpg” alt=”Dental” width=”100″ height=”20″ border=”0″ /></a>
<a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/Blue.Cross/medi_gap_blue_cross.htm#Pre 65 Plan”><img id=”img11″ src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/buttons/button1F2.jpg” alt=”Medi-Gap Plans for under 65″ width=”180″ height=”36″ border=”0″ /></a>
<span style=”font-family: Arial;”>We also have plans if you have Medicare and you are <a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/long.term.care.ltc.htm#Pre 65 Plan”>under 65</a>
<b><a href=”http://www.steveshorr.com/individual_and_family/Disability/Disability.htm”><span style=”font-size: large;”>Disability Coverage</span></a></b></span></p>
<p align=”center”><b> <a name=”Consumer_Links”></a>Consumer Resources</b></p>
<p align=”left”><a href=”http://www.ltcfeds.com/documents/files/NAIC_Shoppers_Guide.pdf”>Shopper’s Guide to Long Term Care Insurance</a> 2009 National Assoc. of Insurance Commissioners</p>
<p align=”left”><a href=”http://www.californiahealthline.org/articles/2013/2/22/calpers-issues-notices-of-planned-85-rate-hike-for-long-term-care-plans.aspx”>Cal Pers 85% Rate Hike</a> 2.22.2013</p>
<p align=”left”><a href=”http://www.aging.ca.gov/hicap/default.aspx”>California Health Insurance Counseling and Advocacy Program (HICAP)</a></p>
<p align=”justify”><a href=”http://www.ltcconsultants.com/consumer/index.shtml”>LTC Consultant’s</a></p>
<p align=”justify”><a href=”http://www.bjfim.com/miscellaneous/glossary/”>LTC Glossary</a>
<a href=”http://www.genworth.com/content/agents/agent_master/florie_leddel/ltc_information/glossary_of_ltc_terms.html”>Genworth Glossary</a></p>
<span style=”font-family: Arial;”><a href=”http://www.chcf.org/topics/view.cfm?itemid=128329″>Home Health Care in CA</a>
CHCF Site</span>

<span style=”font-family: Arial;”>Los Angeles Times <a href=”http://www.latimes.com/business/la-fi-longterm4nov04,0,7030973,full.story”>11.4.2007</a> Article</span>

<a href=”http://www.aging.ca.gov/”>California Department on Aging</a>

<a href=”http://www.cahealthadvocates.org/”>cal medicare.org/</a>

<a href=”http://healthreformquotes.com/individual/companies/covered-ca/medi-cal/#Nursing_Home_Benefits_&amp;_Planning”>Medi Cal Spendown</a>

<span style=”font-family: Arial;”><a href=”http://www.chcf.org/topics/view.cfm?itemid=128329″>Home Health Care in CA</a> – CHCF Site</span>

<span style=”font-family: Arial;”><a href=”http://www.cahealthadvocates.org/long-term/index.html”>ca health advocates.org/long-term</a> </span>
<p align=”justify”><a href=”http://www.insurance.ca.gov/0100-consumers/0060-information-guides/0050-health/ltc-rate-history-guide/long-term-care-insurance.cfm”>CA Dept of Insurance</a> Long Term Care
<a href=”http://www.insurance.ca.gov/0100-consumers/0060-information-guides/0050-health/ltc-rate-history-guide/upload/2008LTCCONSUMERGUIDE.pdf”>Consumer Rate Guide</a></p>
<span style=”font-family: Arial;”><a href=”http://www.elder-law.com/2001/Issue828.html”>Importance of Completing Application Properly </a>Lawyer’s Website
<a href=”http://www.steveshorr.com/research/Recission_wrong_info_on_application/wrong_or_incomplete_information_on_application.htm”>Steve Shorr’s Website</a></span>

<span style=”font-family: Arial;”><a href=”http://www.caregiver.org/caregiver/jsp/home.jsp”>care giver.org</a> </span>

<a href=”http://healthreformquotes.com/medicare/medicare-advantage-plans/”><img id=”img13″ src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/New_Folder/button6.jpg” alt=”Medicare” width=”100″ height=”20″ border=”0″ /></a>

<a href=”http://healthreformquotes.com/individual/companies/covered-ca/medi-cal/”><img id=”img14″ src=”http://www.steveshorr.com/medi_gap_medicare_advantage/images/images/New_Folder/button9.jpg” alt=”Medi Cal” width=”100″ height=”20″ border=”0″ /></a>

<a href=”http://www.dhcs.ca.gov/services/ltc/Documents/Alert_Glossary.pdf”>Long Term Care Glossary</a>

<a href=”http://www.dhcs.ca.gov/services/ltc/Pages/cpltcConsInfo.aspx”>California Partnership</a>
<a href=”http://www.dhcs.ca.gov/services/ltc/Documents/CPLTC%20Print%20Locks/Basic_2010.pdf”>Brochure</a>
<p align=”center”><b><a name=”Advantages_to_buy_NOW,_prior_to_age_65.”></a>Advantages to buy NOW, prior to age 65.</b></p>
<p align=”justify”><span style=”color: #000080;”>(1) He probably is a preferred risk at this time, he may not be later – at age 65</span></p>
(2) A lifetime premium today will be about $2,900 for a 5 year benefit period vs. $8,000 at age 65. It will probably be even higher as the daily cost will be around $300  compared to $200 today, so his premium will be closer to $10,000.

He can purchase a limited pay plan (paid up in 10 years) today for the same premium is will cost him at age 65.

The advantage of a limited pay plan is that he will have no premium outlay when he retires.

&nbsp;
<p align=”center”><b><span style=”font-family: Arial; font-size: large;”>Claims Information</span></b></p>
<p align=”center”><b><span style=”font-family: Arial; font-size: large;”>How to File</span></b></p>
<span style=”font-family: Arial;”><a href=”http://law.freeadvice.com/insurance_law/long_term_care/filing-long-term-insurance-claim.htm”>free advice.com</a></span>

<span style=”font-family: Arial;”><a href=”http://www.genworth.com/content/tools_and_forms/claims/long_term_care_insurance/long_term_care_insurance.html”>genworth.com</a> </span>

<span style=”font-family: Arial;”><a href=”http://www.dilawgroup.com/PracticeAreas/Filing-for-Long-Term-Care-Benefits.asp”>d i law Group.com/</a> </span>
<p align=”center”><b><a name=”Technical_&amp;_Broker_Links”></a>Technical &amp; Broker Links</b></p>
<p align=”justify”><a name=”Tax_Deduction”></a>Tax Deduction for Long Term Care
<a href=”http://www.irs.gov/publications/p502/ar02.html#en_US_publink1000178974″>IRS Publication 502</a>
Internal Revenue Code <a href=”http://www.law.cornell.edu/uscode/text/26/7702B”><span style=”font-family: Verdana;”>§</span>7702 b</a>
<a href=”http://www.unclefed.com/Tax-Bulls/1997/Not97-31.pdf”>Bulletin 97-31</a></p>

<pre>CHAPTER 2.6.  <a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Long_term_care_california_law_highlights.htm”>LONG-TERM CARE INSURANCE</a>
</pre>
<a href=”http://www.fickewirth.com/legislative-update.php?AB-999—Long-term-Care-Insurance-31″>AB 999</a> You are entitled to a copy of a specimen policy.
<p align=”justify”><a href=”http://ag.ca.gov/bmfea/pdfs/citizens_guide.pdf”>Prevent &amp; Report Elder Abuse</a> CA Attorney General</p>
<a href=”http://www.dhcs.ca.gov/SERVICES/LTC/Pages/CPLTC.aspx”>California Partnership Website</a>
<a href=”http://web.archive.org/web/20070714034613/http://www.dhs.ca.gov/opa/FactSheets/PDF/mc4.pdf”>California Partnership</a>3 Page ExplanationNo <a href=”http://web.archive.org/web/20121014013836/http://www.aoa.gov/AoARoot/CLASS/FAQ/index.aspx”>CLASS Act</a> – <a href=”http://www.nytimes.com/2011/10/25/health/25seniors.html?partner=rss&amp;emc=rss”>No Funding</a>
<a href=”http://www.kff.org/healthreform/upload/8069.pdf”>Class Act</a>

<a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Long_term_care_california_law_highlights.htm#10232.8.__(a)_In_every” name=”Minimum_LTC_Coverage_10232.8.”>Minimum LTC Coverage 10232.8.</a>
<p align=”center”><!–webbot bot=”Navigation” S-Orientation=”horizontal” S-Rendering=”graphics” B-FirstInsert=”TRUE” S-Type=”children” startspan –> <!–webbot bot=”Navigation” i-checksum=”844″ endspan –></p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/ce.certification.pdf”>Continuing Education Certificate</a></p>

<table style=”border-collapse: collapse;” border=”3″ width=”77%”>
<tbody>
<tr>
<td width=”98%”>Broker Section<a href=”http://www.bjfim.com/”>Barry Fisher Associates</a></td>
</tr>
</tbody>
</table>
<a href=”http://www.sellingltc.com/”>selling ltc.com</a>
<p align=”center”>Bookmarks</p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Long_term_care_california_law_highlights.htm#definitions_of_activities_of_daily_living not qualified”>Definitions of ADL</a></p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/long.term.care.ltc.htm#Tax_Deduction”>Tax Deduction</a></p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/long.term.care.ltc.htm#What_about_Stair_Lifts”>stair lifts</a></p>
<p align=”center”><a name=”FAQs”></a>FAQ’s</p>
<p align=”center”>Tax Facts
Subscription Required
or <a href=”mailto:[email protected]?subject=Tax Fax – My question is……….”>email us</a></p>

<div id=”ctl00_PlaceHolderMain_content__ControlWrapper_RichHtmlField”>
<div class=”Section1″>
<p align=”center”>*****************</p>
<p align=”center”><a name=”What_about_Stair_Lifts”></a>What about Stair Lifts?</p>
<p align=”center”><a href=”http://www.acornstairlifts.com/us/faq_14.php”>acorn stair lifts.com</a></p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/Federal/Medicare.durable.equipment.coverage.11045.pdf”>Medicare Publication </a>
<a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/Federal/Medicare.durable.equipment.coverage.11045.pdf”>Durable Medical Equipment?</a></p>
<p align=”center”><a href=”http://www.steveshorr.com/medi_gap_medicare_advantage/long_term_care/Medical.necessity.CG-DME-23%20Lifting%20Devices%20for%20Use%20in%20the%20Home.pdf”>Blue Cross Medical Necessity of Stair Lifts?</a></p>
<p align=”center”>Do <a href=”http://www.davis-stirling.com/MainIndex/AmericanswithDisabilitiesAct/tabid/1234/Default.aspx#axzz2ScPNKidt”>Condominiums have to provide stair lifts, under ADA</a>?</p>
<p align=”center”>*************</p>
<p class=”ha-p-P” style=”margin-bottom: 0.007pt;”><span class=”ha-p-H”><span class=”ha-h1-H” style=”font-family: Helvetica LT Std; text-decoration: none underline;”>LONG-TERM CARE INSURANCE</span></span></p>
<p class=”ha-p-P” style=”margin-bottom: 0.007pt;”><span class=”ha-p-H”><span class=”ha-h1-H” style=”font-family: Helvetica LT Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>343. What is a qualified long term care insurance contract?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>344. What are qualified long term care services?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>345. How does the law treat long term care contracts issued before 1997?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>Premiums</span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>346. Are premiums paid for a qualified long term care insurance contract deductible as medical expenses?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>347. May a self-employed individual deduct premiums paid for a qualified long term care insurance contract?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>348. Are long term care insurance premiums paid by an employer includable in employees’ income?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>349. May an employer deduct as a business expense premiums paid for a qualified long term care insurance contract for employees?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>Taxation of Benefits</span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>350. Are benefits received under a qualified long term care insurance contract taxable income?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>Non-Qualified Long-Term Care Insurance Contract</span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline; background-color: #ffffff;”>351. How is a long term care insurance policy taxed when it is not a qualified long term care insurance contract?</span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Perpetua Std;”> </span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>Reporting Requirements</span></span></p>
<p class=”hb-p-P” style=”margin-top: 0.003pt; margin-bottom: 0.007pt;”><span class=”hb-p-H”><span class=”hb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std;”> </span></span></p>
<p class=”pb-p-P” style=”margin-bottom: 0.007pt;”><span class=”pb-p-H”><span class=”pb-h1-H” style=”color: #0000ff; font-family: Helvetica LT Std; text-decoration: none underline;”>352. What reporting requirements are applicable to long term care benefits?</span></span></p>

</div>
</div>
<p align=”center”>Broker ONLY</p>
<p align=”center”>United of Omaha Producer Manual</p>
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