The Medicaid SPIA: Helping Clients Alleviate LTC Costs

March 1, 2021

By Mark MacGillivray, Regional Sales Director, Individual Annuities. Published originally in InsuranceNewsNet.

Within just a few months, the cost of care in a nursing home could be financially devastating to a client. Do your clients know they have options besides using their savings to cover long-term care if they need it? Advisors can help educate clients about a Medicaid SPIA, which can help alleviate the unpredictable and often high costs associated with long-term medical care. Most clients don’t know that a Medicaid SPIA exists — let alone the steps they should take when considering one.

Learn About Medicaid SPIAs >

 

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