Financially Simple

In episode 176 of Financially Simple, Justin continues his analysis of Risk Management by looking at Long Term Care and how it can affect you as a business owner. Long-Term Care is an increasing problem - as people live longer, the risk of becoming susceptible to an illness that affects their day-to-day concerns increases. In this first episode of two about Long-Term Care, Justin explains the basics and gives the facts and figures of this growing concern. TRANSCRIPT/BLOG:BLOG: Long-Term Care Part I - The Numbers Behind the Need Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:18 - Long-Term Care - the Overview 01:28 - A Personal Experience 03:18 - Long-Term Care for Business Owners 05:00 - What is Long-Term Care? 07:45 - How Big of a Problem is it? 11:48 - Stats on the Cost of Long-Term Care 15:10 - What if Your Employees are Affected? 16:02 - Stats on Claims Paid for Long-Term Care 18:28 - Wrap Up _________________   RES