1. Long Term Care at the Worksite Hosted by: GuideStone Financial Resources

2. Presented by: Cathy Flanagan LTC Financial Partners, LLC

3. Businesses | Employees | Federal Government A National Challenge… Long Term Care

4. Who Needs to Learn About Long Term Care? YOU DO!!! Employees don’t understand Health insurance, Medicare or Medicaid

5. What’s Missing From Your Retirement Plan?

6. Wealth Preservation… Did You Know?  Long term care will affect 3 in 4 people?  National average cost of care is $90,000?  Medicare and traditional health insurance does not pay for long term care?  The average American loses their entire life savings within nine months?

7. Concerned & Confused? 43% of employees surveyed are ‘extremely’ or ‘very concerned’ about financing long term care. 84% of employees surveyed ‘do not have’ or ‘don’t know if they have’ long term care coverage.

8. Reasons People Purchase Protection  Financial security  Personal choice and freedom  Negative impact on others  Independence and dignity  You love your family

9. Common Causes for LTC Young or old, LTC insurance picks up where your health insurance leaves off. Injuries:  Auto and motorcycle accidents  Activities like skiing, horse- back riding, diving Health Conditions/Illness:  Stroke and heart attack  Cancer  Diabetes  Arthritis and osteoporosis  Alzheimer’s, Parkinson’s, MS

10. What’s the Risk? According to the Department of Health and Human Services, 70% of Americans over the age of 65 will need long term care services during their lifetime.  If you live to 65, life expectancy goes to?  If you live to age 70, life expectancy goes to?  Live to 80, 90% chance of needing care.

11. You’re NEVER too young to plan for Long Term Care 40% of the 13 million who need help with basic ADL’s are between the ages 18-64.

12. This Care Can Take Place In Nursing Home | Your Home Assisted Living Facility

13. MEDICARE  Skilled Care Only  3 Day Prior Hospital Stay  Medical Progress Continues

14. MEDICAID  Pays health care for the poor (welfare)  Not ‘entitled’  Must ‘spend down’ their assets to qualify  Not a gift

15. Don’t Count on the Government  1935….. 40 workers to 1 retiree  1989….. 3.4 workers to retire  2020….. 1.8 workers to retire

16. Your Health Plan Does Not Cover Long Term Care HMOs Health Insurance Medicare Medicare supplements

17. How Do We Solve This Problem?

18. Long Term Care Insurance as a Workplace Benefit  Premium discounts  Simplified medical underwriting  Education with one-on-one follow-up meetings for interested employees  Enhance bottom line

19. Solving the Problem  Closing the HOLE in the basic safely net for employees  Protecting productivity & profitability of employers  Become part of the solution

20. Questions? For more information, please contact Cathy Flanagan cathy.flanagan@ltcfp.net 214-221-2777 You can also visit www.ltcguidestone.com or call the dedicated service line at 1-877-582-4478.www.ltcguidestone.com