United Security Assurance Offers LTCi Plans in Pennsylvania, Ohio, Missouri and North Dakota to Individuals with Challenging Health Conditions

SOUDERTON, Pa., Jan. 18, 2011 /PRNewswire/ -- No one knows what the future might bring, but taking charge of one's financial future by purchasing long term care insurance is an important step. An unexpected health condition can strike at any time and completely exhaust a family's life savings. Contrary to what many people believe, Medicare and private health insurance programs do not pay for the majority of costs associated with long term care services that most people need – help with personal care such as dressing or using the bathroom independently.

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"Coverage for long term care costs is the last large unfunded liability for many Americans," said Bill Neugroschel, CEO of United Security Assurance. "Many of us have coverage for our lives, our medical needs, our houses and our cars, but we often don't think about how we will cover the cost of long term care."

Planning is essential for individuals to be able to get the long term care they might need.(1) But for many Americans with extended health conditions, access to long term care insurance coverage can be challenging.  For these individuals, United Security Assurance offers LifeStyle Solutions(SM) (LSS) and LifeStyle Solutions Select(SM) (LSS Select), tax-qualified, pool of money plans in the states of Pennsylvania, Ohio, Missouri, and North Dakota.   "Plans like LSS and LSS Select can help address a major care gap for certain individuals where traditional long term care plans cannot," adds Mr. Neugroschel.  

These innovative products expand underwriting guidelines and offer individuals who have previously been or who would otherwise be turned down for long term care insurance the opportunity to obtain coverage.  This is good news for people with more severe health problems than average, such as cystic fibrosis, diabetes (over 75 units), cancer, Parkinsons and MS (with no ADLs), or osteoporosis with breaks or fractures.  

In addition to being tax-qualified long term care insurance plans, LSS and LSS Select also offer a network of integrated Wellness, HomeWorks and Care Planning Service Programs to help an individual postpone disability and prolong independence so they can remain in their home.

About United Security Assurance Company of Pennsylvania

United Security Assurance Company of Pennsylvania (http://www.usa-cal.com), a privately held company, is dedicated to providing quality life and health products at fair and reasonable rates, and committed to the fair treatment of its producers and policyholders.  The company currently offers products in 17 states, and has expertise in the individual insurance market, especially long term care, home health care, hospital indemnity, and senior life products. 

(1) National Clearinghouse for Long-Term Care, website www.longtermcare.gov.

SOURCE United Security Assurance Company of Pennsylvania