NCOIL model may offer respite for middle-class Americans struggling with long term care costs We see it in the headlines almost every day. Between the senior population already in the long term care system and the baby boomers now hitting the Social Security and Medicare age at a rate of more than 10,000 per day, it is now safe to say that the long term care funding crisis has arrived. In the midst of the most persistent economic downturn since the Great Depression, the long…
Posts tagged "Consumer Protection"
Life Care Funding Group provides final testimony advocating for consumer rights and access to information For Immediate Release (November 19, 2010) – The National Conference of Insurance Legislators (NCOIL) passed by super-majority vote the Life Insurance Consumer Disclosure Model Law at their annual legislative meeting in Austin, TX. The members of the Life Insurance and Financial Services Committee heard testimony from Life Care Funding Group, Coventry First, the American Council of Life Insurers (ACLI), and MetLife and then voted 13-7 in favor of immediate passage….Consumer Protection, Insurance Conversion
Final Testimony – Life Care Funding Group National Conference of Insurance Legislators (NCOIL) Life Insurance & Financial Planning Committee November 19, 2010 Thank you to the members of the Committee for allowing me to participate in this very open, inclusive and thoughtful process. I am Chris Orestis, President of Life Care Funding Group. We work with seniors and their families throughout the Untied States to help them raise funds they need to cover the costs of long term care. We specialize in converting a life…Consumer Protection, Senior Life Insurance