Best Long Term Care Insurance Fact For 2014 Revealed

2014′s most interesting fact pertaining to long term care insurance was announced today by the American Association for Long-Term Care Insurance

“We find ourselves deluged at the end of the year with lists of most interesting people, most interesting news stories and we look back on the most interesting facts and findings pertaining to long term care,” explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance (AALTCI). ”I’ll grant everyone this pales in comparison to the selection of Time magazine’s person of the year or People’s sexiest man of the year, but it’s a good time to have some fun and lighthearted banter.”

According to AALTCI the 2014 fact of the year pertains to the fact that the nation’s long term care insurers paid a record $7.5 billion in claim benefits.

“Why is this the most important fact?” Slome asks rhetorically. “Because Americans are not aware of the benefits already provided to hundreds of thousands of individuals who purchased long term care insurance and are now on claim receiving benefits for greatly needed care.”

The Association reports that roughly 273,000 Americans had active long term care insurance claims that went into the $7.5 billion paid.