Genworth Financial Inc introduced Long Term Care Business Solutions, a next-generation worksite-based long term care insurance platform. Long Term Care Business Solutions offers employers a way to provide affordable, comprehensive long-term care coverage to employees and their families. The flexible multi-life program is available to as few as three employees or as many as five hundred.
Long Term Care Business Solutions is available to employees through their workplaces. It is designed to provide essential long term care coverage in a number of environments, including home and facility-based care, and features a 0-day elimination period for home care. The program launches with two unique platforms to meet the individual employee's needs: Executive Series --a 100 percent employer-paid program, and Employee Advantage-- a 100 percent employee-paid program
If purchased in a state where the plan meets requisite State Partnership Program minimums, individuals may be able to take advantage of those benefits.
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