As a business in today's marketplace, you have an opportunity to address the significant risk of long-term care, while also rewarding owners, officers, and other key employees for their loyal service to your company. 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.