LTC

As of 10/10/2024

Long-term care – Forecasts, federal and state responses, and regulations
 

What is it?

As the population in the United States continues to experience increased longevity, the nation is set to begin seeing the greatest number yet of Americans turning 65 in the year 2024.¹ With this increased lifespan comes the rising need for long-term care.

Carrie Hartgen, Vice President of State Government Relations at Lincoln Financial, continues to keep us up to date on legislative and regulatory activity affecting long-term care.

LTC Regulatory Update in an Election Year

Our latest video provides an update on the continued efforts of state-level long-term care services and programs along with the impact an election year could pose to activity in 2025.

Hear what effect an election year could have on LTC regulatory actions

California’s Efforts to Address LTC Funding

Our latest Regulatory Roundup video gives a status summary of efforts by the state of California to explore a state-run, long-term care program for its residents.

Hear the latest news on the LTC efforts California is considering

What does it mean to financial professionals?

Understanding the various products that offer long-term care protection is essential for financial professionals who want to serve customers effectively. As new state programs are proposed and enacted, and federal involvement in long-term care is examined, understanding the options for Americans who inquire about long-term care protection is an important way to serve clients and build a business.

What does it mean to Lincoln?

Lincoln’s Government Affairs team continues to monitor proposed changes surrounding the long-term care issue at the federal and state level. We remain committed to helping our financial professional partners understand the latest changes on long-term care regulations and requirements and navigate long-term care products and services that help clients make informed and proactive decisions regarding their own long-term care.