Long Term Care Insurance and Proposed solutions
View zoom session presented by Fred Anderson, Chief Actuary, MN Commerce Department to learn about long term care insurance. What does long term care insurance cover in MN?
Long Term Care Insurance and Proposed solutions
Thu, Nov 7, 2024, 12pm
Presenter is Fred Anderson, Chief Actuary, MN Commerce Department
Link to the Nov 7 Zoom session: https://umn.zoom.us/j/99186770524
(Registration is not required.)
The attached PPT is part of the discussion.
Information on Long Term Care Insurance is on the following Commerce Department Sites:
Long-term Care Partnership / Minnesota Department of Commerce - Insurance
Dated: May 10, 2024. The Minnesota Long Term Care Partnership is a public/private arrangement between long-term care insurers and Minnesota’s Medical Assistance program. It enables Minnesota residents who purchase certain long-term care insurance to have more of their assets protected if they later need the state to help pay for their long-term care
Long-Term Care / Minnesota Department of Commerce - Insurance
Dated: October 20, 2023 Shopping Buying Long-term Care: information on long-term care insurance and the Minnesota Long Term Care Partnership.
Basics of Long Term Care / Minnesota Department of Commerce - Insurance
What Does Long-Term Care Insurance Cover in Minnesota?
- What do long-term care insurance policies cover?
- What is not covered?
- How long can I collect benefits?
- Do long-term care policies have limitations for pre-existing conditions?
- Can the policy be canceled by the insurer?
- Will I be covered if I need long term care due to Alzheimer's disease?
- How do I find out if I qualify for Medical Assistance or Medicaid?
- Must I be hospitalized before being admitted to a nursing home to be eligible for benefits?
- Can my premiums be increased once I purchase a policy?
- Is it advisable to switch policies if a better deal comes along?
- If I decide I don't want this policy once I review it, can I get my money back?
Upcoming Events
The UMRA Photo Club will next meet at 12:30 p.m. on Tuesday, March 10, in the meeting room of the Hennepin County St. Anthony branch library in the small shopping center at New Brighton and St. Anthony Boulevards in St. Anthony, just north of the Twin Cities. For those interested in lunch, meet at the nearby Great Dragon Buffet at 11:30 a.m.
Please join the UMRA Family History Interest Group meeting on Wednesday, March 11, via Zoom, when Michelle Casey will present “DNA Testing and Analysis Using 23andMe, Ancestry, and MyHeritage.”
Public health is extremely important—and right now it is very confusing. Join us to ask questions and share your thoughts and concerns about the current state of our public health system.
UMRA’S March workshop will explore how to transform your memories, including those that have faded with time, into lively true stories. It will also show you how to reflect on them, how to express how you felt, and how to connect your stories to the values and beliefs you want to pass on.
Join fellow UMRA members for “Third Wednesdays in the West Wing" lunch at the Campus Club in Minneapolis. This is a pilot program for spring 2026.
UMRA’s Book Club I will discuss The Bohemian Flats by Mary Relindes Ellis when it meets via Zoom at 2 p.m. on Friday, March 20. Jim Lewis will lead the discussion.
University of Minnesota General Counsel Douglas Peterson will be the featured speaker for UMRA’s March 24 luncheon forum. He will speak about how the University is addressing its latest challenges and opportunities involving law.
'Seabiscuit' by Laura Hillenbrand
Join fellow UMRA members for a morning hike in Theodore Wirth Park to celebrate the International Day of Sport for Development and Peace, Monday, April 6.
Chris Gade, VP for University marketing communications, will join UMRA members on Tuesday, April 7, for the first in a new series of informal “Campus Conversations” to be held at the Campus Club in Minneapolis.
This month's theme is mountains, valleys and canyons.
"Third Wednesdays in the West Wing" is a pilot program for spring 2026.
UMRA’s Book Club I will discuss Rin Tin Tin by Susan Orlean when it meets via Zoom on Friday, April 17. Diane Madson-Kay will lead the discussion.
Bev leads a hike along Old Cedar Avenue.
Under Terry Straub's leadership, Hennepin County/UMN Extension has created the most ambitious master gardener program in Minnesota. His visit with us will feature the topic of lifelong gardening and how gardens can evolve with us and our life cycles.
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Ever wonder what goes on behind the shiny walls of the Weisman Art Museum on the University of Minnesota Twin Cities campus?
Family history with Craig Moody. A tale with many dead ends.
Pete leads this hike at the Arboretum.
Third Wednesdays in the West Wing" is a pilot program for spring 2026.