You select which employees can participate in the program. Premiums for select employees and spouses may be tax deductible as a business expense. Company-paid premiums may not be included as income to your employees. Benefits may be tax-free. Premium rates are most affordable during wage-earning years.
Helps ensure long-term financial security for key employees and their families who participate.
Excellent for key employee retention. The information presented here is not meant to be interpreted as specific legal or tax advice. Insured by MedAmerica Insurance Company of New York, SSA is able to provide you with Long-Term Care Insurance at preferred rates. Long-term care is what you or a relative would need if unable to care for yourself because of a prolonged illness or disability. It extends beyond skilled nursing facility care to include a wide range of services aimed at helping people who require assistance to function independently on a daily basis.