Long Term Care
Insurance

Government Encourages Long Term Care Insurance

In 1996, US Congress passed HIPAA for federal tax advantages to Long Term Care Insurance policyholders. Read more

In 2001 the Federal Long Term Care Insurance program became available for government employees and their family members. Read more

In 2005, the Government has launched a Long Term Care Awareness Campaign called "Own Your Future". This campaign is to raise awareness to consumers about planning for Long Term Care. Read more

In 2006, President Bush signed The Deficit Reduction Omnibus Reconciliation Act of 2005 into law on February 8. The new law tightens Medicaid Long Term Care eligibility rules and allows for the nationwide expansion of the Long Term Care Partnership program. Read more

In 2010, President Obama signed the Health Care Reform Bill, which includes Community Living Services and Supports (CLASS Act) provision. A voluntary program where those who choose to pay premiums will receive long term care coverage. Read more.