New York Trust Act Coming Soon

New York is the latest of several states (CA, AK, CO, HI, IL, ME, MI, MN, OR, MO, NC and UT) positioned to implement a mandatory state long-term care (LTC) plan, similar to Washington State’s Washington Cares Act (the nation’s first mandatory state long-term care plan).

At this time, it isn’t known whether or not there will be any opt out provision in the states that are considering LTC legislation. However, some states have said that any laws that are passed will be retroactively effective on January 1st of the year in which the law is passed.

It is recommended that anyone working in New York should review options before the rush!

Click here for more details about the NY Trust Act

SSL

FAQ

18+ year old, W-2 employees working 500+ hours every year as long as employed. Wages include all compensation (e.g. wage, bonuses, commissions, etc.) paid by employer during a calendar year.

Self-employed individuals are exempt from the program, however, may choose to opt in.

$36,500 lifetime benefit ($100/day) for qualified LTC expenses.

LTC services include broad scope of home, community, facility-based LTC services, including training for unpaid/informal caregiving provision that may lead to becoming qualified to receive payment. Current wording potentially allows for no residency requirement at time of claim, meaning those who move out of state could still receive the benefit. At the time of claim, employees must need help with at least three activities of daily living.

Employee must pay into the program for either a) three of the past six years OR b) a total of 10 years (five of which must be consecutive) to qualify for the benefit.

View legislative progress here

eBook

PLUS, Receive Your FREE Long-Term Care eBook

Diamond

Asset Protection

Help protect your savings from the costs of care not covered by traditional insurances or Government programs, like Medicare. It helps you choose where you receive care and avoid the nursing home!

Pie Chart

Overwhelming Statistics

  • 40% receiving long-term care are working-age adults, ages of 18-64.*
  • About 70% over age 65 will need long-term care services in their lifetime. By 2023, this number is expected to exceed 12 million.*
ACSIA Partners

WHY US?

At ACSIA Partners, your quotes are delivered by a single licensed agent, who helps you choose the best features and discounts, without over-buying the coverage. Avoid mistakes when planning for your long-term care with one-on-one guidance from ACSIA Partners.

Testimonials

We always wanted to take care of ourselves, because there wasn't anyone else to take care of us, so Helen saw the need for long-term care insurance for us.

Vernon Duckett, LifeFoundation

If I didn't have this coverage, I don't know what I would have done. The long-term care insurance paid for an amazing in-home caregiver.

Linda Striepe, LifeFoundation

You've got to get it while you are still young and healthy. I can't image being without it!

Barbra Farone, LifeFoundation