Group LTC Benefits Blog

Why add LTCI to an executive benefits package?

Long-term care insurance (LTCI) should be an essential part of every company’s benefits package. One strategy to offering LTCI benefits is to purchase an executive carve out (ECO) plan. The ECO plan allows the employer to select particular employees based on specific criteria, such as tenure, title, or salary, all of which are pre-determined by the employer. The ECO benefits the employer, the executive and can benefit all other employees by offering a voluntary plan during an open enrollment period. Take a look at these 4 reasons...
Read More