Insurance Firm Educates Public About Elder Financial Abuse
By Stephen D. Forman (LTCA)
Long Term Care Associates, Inc.
Bellevue, Wash., JULY 8, 2013 — Long Term Care Associates, Inc. ("LTCA") has chosen to spotlight Elder Financial Abuse during the month of July at its consumer resource center, LTCLearning.com.
The impact of abuse, neglect and exploitation is estimated to add $5.3 billion in direct costs to our nation's healthcare bill, and another $2.9 Billion in losses through financial exploitation.
Commented LTCA's senior vice president, Stephen D. Forman, "Those of us in the long-term care insurance field work with the elderly on a daily basis. LTCA is proud to take a leadership role in our industry by helping to call attention to the staggering depth of this problem by using our resources for the public good." Forman continued, "Since 2013 is the Year of Elder Financial Abuse, there's been no shortage of informative and reliable tools at our disposal. We really hope to make a difference by spreading July's content far and wide."
Visitors to LTCA's site will learn the following:
- Warning Signs of Elder Abuse
- 10 Things Anyone Can Do to Protect Seniors
- 8 Common Scenarios and What You Can Do to Help
- Smart Tips for Spotting Retirement Scams
- Study: Why are the Elderly so Often Vulnerable?
With roots dating back to 1972, Long Term Care Associates, Inc. (LTCA) has now entered its 5th decade focused exclusively in the LTC Insurance marketplace. Headquarted in Bellevue, Wash., the company is proud to serve over 5 Million members of sponsoring organizations, and count the claim payments to its clientele in the Tens of Millions of dollars.
LTCA's "Education Through Social Media" campaign can be followed on the following platforms: Facebook, YouTube, and Twitter.