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Raymond Lavine who is a principal at Lavine Long Term Care Insurance joins Enterprise Radio. Raymond designs extended care plans for individuals, families, and businesses.
Listen to interview with host Eric Dye & guest Raymond Lavine discuss the following:
- What is the purpose of Extended Care Benefits, & what should people know about these plans?
- There are many stories that Long Term Care Insurance is going away and insurance companies no longer offer these products….so what is happening with these plans?
- There are a variety of plans out there, how does one know what plans to consider?
- What would be the consequences of not having a care giving plan?
- What has changed with how people should think about care giving planning?
- Why don’t people consider care planning at an earlier age?
- People believe that Health Plans, Medicare, or Medicaid will pay for my care giving needs, get into this a little more in detail.
- The common mindset is, why would I ever need to spend money to own a plan? My health is reasonable why not wait until I am much older and then think about it. Touch on this if you would.
Duration: 21:29
Raymond Lavine became interested in extended care benefits (long-term-care insurance) because of personal experiences with the disruption that extended illnesses cause for families and their finances. He now advises families and businesses about ways to mitigate the consequences extended care. Lavine says many people believe that they will never need any form of extended care because they are healthy now.
Statistics clearly show, though, that many Americans may need extended care at some time, but what people do not consider are not what happens them them but care giving
responsibilities which will affect their family, their cash flow, and financial commitments towards the future. The common misconception that Medicare, the Veterans Administration, or some other social service agency will pay for extended care leads people to believe that no individual or family plan is needed. By the time they learn the truth, it’s too late.
Lavine explains the issues and provides the information needed to make an informed decision about planning for extended care. This includes various ways that programs can be structured and how they can be financed. Raymond Lavine has a BA in International Relations from the University of Southern California; an MBA and MA from Drucker-Ito Graduate School of Management, Claremont Graduate University; and the CLTC designation.
Web Site: www.lavineltcins.com
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