NAIFA’s Policy Director Maeghan Gale joined LTCI Partners Managing Director, Tom Riekse, and Director Steve Cain for a panel discussion about recent Long Term Care Insurance legislation. For many years, Long-Term Care Insurance took a backseat as it relates to legislative action on the state and federal level. However, 2021 has brought a wave of activity as lawmakers consider the best way to support their growing aging populations.
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The U.S. Treasury Department has released a report from the Federal Interagency Task Force on Long-Term Care Insurance recommending government actions to foster innovation in long-term care (LTC) product design, improve the efficiency and relevance of LTC product regulation and promote financial literacy on LTC matters.
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Caroll Golden speaks with Steve Kline and Michael Hedge of the NAIFA-National Government Relations staff about the Senior Protection Act. They offer valuable insights into NAIFA’s political advocacy on the issue of senior financial protection and highlight what NAIFA is doing at the state and federal level on this critical issue.