This discount is also available to the relatives of your employees. That includes their spouse, children, parents, in-laws and brothers and sisters. The company is under no obligation to pay any of the premiums and their are no participation requirements. You can also legally discriminate and have the company pay premiums for key individuals or yourself only. For the C-Corporation this is a great way to provide LTC Insurance.
Premiums paid for other employees is fully deductible.
This is a win-win situation for both businesses and for their employees. The fastest growing segment of America's elderly population is women over the age of 85. One in three of all working Americans is involved in a caregiving environment. As of Dec. 2000 they are two of only six in the state of Georgia to earn this designation. CLTC graduates have completed a rigorous multidisciplinary course that focuses on the profession of long term care.