The Medicaid SPIA: Helping Clients Alleviate LTC Costs

“The decisions surrounding the long-term medical care of a loved one are some of the most difficult that clients will ever have to make. A Medicaid SPIA is a helpful solution for a situation that could have put the healthy spouse at risk of financial hardship, even devastation, to pay for the medical care of their loved one.” Mark MacGillivray, director of Financial Institutions, Annuities at The Standard, writes in InsuranceNewsNet about the benefits a Single Premium Immediate Annuity can provide.

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InsuranceNewsNet