Embrace Your Future

The Commonwealth of Massachusetts has joined the federally sponsored “Own Your Future” campaign, titling the MA version “Embrace Your Future”.  The state is mailing 400,000 letters to households where residents are between the ages of 45 and 60, urging them to plan for future long term care needs.  The letter also invites recipients to obtain the free planning guide entitled “Own Your Future” published by the Department of Health and Human Services. 

 

This awareness campaign is an effort to educate the public about the steps they should take to plan as well as the resources available to them in their community.  The option of purchasing long-term care insurance is highlighted, as well as the channels though which they may be able to access coverage, including the workplace.  The message is clear that it is not too early to start planning.  In fact, waiting for as little as ten years to purchase coverage may  result in more total premiums paid than if the coverage were purchased at an earlier age, notwithstanding the risk of developing health issues that may preclude you from obtaining coverage in the future.

 

Bostonian Group is a resource to help you with questions about long term care insurance, including plan designs, funding and discounts available through a workplace program.  To learn more about our long-term care services, click here.