More and more of today’s employees are looking to their
places of employment to help them solve their long-term care
problem. They are having trouble with the stresses and time-consuming
nature of caregiving in their personal lives interfering with
the effectiveness of their professional lives.
Two-thirds
of the employees who participated in 1999 National Council
on Aging/a survey reported they would like long-term
care insurance to be offered in their workplaces. 10
Also, when asked, they agreed that Long Term Care was the
greatest threat to their standard of living. 10
Many of these Americans are concerned because they are caught
in a “sandwich generation” of caring for both
their children and parents.
Baby-boomers are realizing that the existing health insurance
and disability income plans do not pay for long-term care.
They are seeing the negative effects that unplanned Long
Term Care have brought to their parents and are demanding
a better way. But Long Term Care isn’t just a benefit
enacted to relieve the concerns of employees. Employers
are starting to become aware that uninsured Long-Term Care
will cost them money too.
Read more about Long Term Cares' "costs of productivity"
on the following page.
