EVENT SUMMARY: | FINANCE AND LEGAL GROUP
The following article summarizes the original event which is listed below the summary.

Long Term Care Insurance class

September 20, 2023, at 8pm
 

Funding Long Term Nursing care as an ongoing issue. There are a number of factors that will determine if LTC insurance is right for you – your age, health,  retirement goals, income and assets. 

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FINANCE AND LEGAL GROUP

Long Term Care Insurance class

Wed, Sep 20 2023, 8pm

Location
By Zoom or Hanson Hall 1-105
 

Presenters: Andy Whitman, Profession of Insurance   
Tom Devine, Regent Emeritus, Developed LTC Offered by Employers   
Fred Andersen, FSA, MAAA, Chief Life Actuary

The MN Commerce department site has information on LTC insurance

https://mn.gov/commerce/insurance/other/long-term-care/  Related Content

Presenters will discuss:  
Funding Long Term Nursing care as an ongoing issue. Be aware that insurance premiums can increase significantly.  

There are a number of factors that will determine if LTC insurance is right for you – your age, health,  retirement goals, income and assets. 

Long Term Care Insurance has become a serious problem for some of those who bought it.

  • Unexpected Premium increases; 
  • Mandatory choices to lower benefits; 
  • Questionable policy design.

If you have a concern or wish to file a complaint, contact our Consumer Services Center by email at [email protected] or by phone at 651-539-1600 or 800-657-3602 (outside the Twin Cities metro area).

Now, new forms of LTC insurance are available attempting to avoid past issues.  And a new form of LTC is legally possible, offered by employers

To join the zoom meeting:  https://umn.zoom.us/j/99725903666

The LTC lecture is part of a larger lecture on Commercial Insurance Underwriting and Brokers assisting mid-size organizations with Corporate Risk Management that begins at 5:45 pm. You are invited to join this lecture at anytime, between 5:45 - 8pm.

The Carlson School address is 321 19th Ave S, Minneapolis, MN 55455.  The nearest parking garage is the 19th Avenue Parking Ramp, which has a skyway into the Carlson Building. The address is 300 S 19th Ave, Minneapolis, MN 55455.   UMN west bank, showing the Carlson School.



Upcoming Events

Event Date: May 6, 2024, at 9:30am

We are fortunate to have UMRA member and former Minnesota Landscape Arboretum director Peter Moe to lead this approximately 3.7-mile hike at the Arboretum on Monday, May 6. Plan to have lunch together after the hike at the Eatery café inside the Oswald Visitor Center. 


Event Date: May 6, 2024, at 12:45pm

This session will continue the discussion begun in the May 8, 2023 session.  See that article for details.


Event Date: May 14, 2024, at 11am

If you currently live in your own home or apartment, have you looked ahead to when you might want to consider a senior living option? Do you have any idea what those options might be? How much they cost? What they provide? UMRA’s May 14 workshop will provide an overview of the world of senior living and the basic information you need.


Event Date: May 15, 2024, at 10am

You’re invited to join the final Family History Interest Group meeting for 2023–24. This will be an opportunity to ask questions related to family history, share insights, talk about recent projects, and suggest topics for next year. 


Event Date: May 17, 2024, at 2pm

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Event Date: May 20, 2024, at 9:30am

The May 20 hike will start at the Historic Lift Bridge in Stillwater and go along the river to the new bridge, cross over and then back on the Wisconsin side, a total of approximately 5 miles. Most of the route is paved. We will eat lunch after at Brian's Bar and Grill in Stillwater.  Car pooling will be available.


Event Date: May 21, 2024, at 10:30am

Climatologist and meteorologist Mark Seeley joined the U of M faculty in 1978 and has been a weekly commentator on Minnesota Public Radio since 1992. We are honored to welcome him as our guest speaker for UMRA’s May Luncheon Forum and 2024 Annual Meeting. He is always entertaining and informative.


Event Date: May 24, 2024, at 2pm

UMRA’s Fourth Friday Book Club welcomes back, for the second time, author Julie Schumacher, U of M Regents professor of creative writing and English, for a conversation about her novel The Shakespeare Requirement.


Event Date: June 3, 2024, at 9:30am

We are in for a treat on June 3! Lynn Anderson, will lead us on trails at two parks near her Monticello home. Bring a bag lunch and we will gather in Lynn's yard along the Mississippi River for eating and socializing after the hike.


Event Date: June 14, 2024, at 7:10pm

Get out to the ballpark with fellow UMRA members for the annual U of M Day at Target Field as the Minnesota Twins take on the Oakland Athletics on June 14 at 7:10 p.m.


Event Date: June 17, 2024, at 9:30am

Please join us at 9:30 on June 17, 2024 for a walk around Lake Como in St. Paul before attending the UMRA Summer Social and Picnic starting at 11 at the Como Pavilion. A perfect opportunity to get in a walk before we gather to celebrate summer.


Event Date: June 17, 2024, at 11am

Picnic under the covered, open-air Como pavilion, gaze at the water, spy some birds, catch up with friends and former colleagues, and meet new members. We’ll have lunch with plenty of time for visiting and then compete in teams as we are challenged by our Quiz master(s)!


Event Date: June 24, 2024, at 8am

Healthy aging, mindfulness, fighting ageism, and more will be the focus of the third annual Age-Friendly University Day to be held on the U of M Twin Cities campus.