California 4hr Long Term Care Ongoing Training

Long Term Care Ongoing Training considers the nature of long term care, the forms in which it may be delivered, the risk of needing such care, the costs of long term care, the sources available to pay long term care costs and the features of long term care insurance. It is intended to meet the four-hour long-term care training requirement to enable an agent to sell long term care insurance.

Upon completion of this course, a student should be able to:

• Recognize the types of services that constitute long term care and the settings in which they are provided;
• Compare the benefit triggers associated with qualified and nonqualified long term care;
• List the requirements for a partnership long term care insurance policy;
• Describe the spend-down and asset-recovery requirements of Medicaid;
• Identify the national average cost in the United States of obtaining various types of long term care and the sources available to pay for the care;
• Recognize the benefits and tax treatment of long term care insurance and the alternatives for funding long term care; and
• Describe the suitability and ethical issues associated with recommending the purchase of long term care insurance.