dan mcdevitt at marketserve

The Benefit Pool for your long-term care insurance plan, your pool of money available to cover long-term care expenses, is established when combining the chosen maximum benefit and the selected benefit period.  An example based on long-term care costs in the area you will receive long-term care benefits averaging near $200, selecting a $200 daily benefit in a 3 year benefit period will establish a $219,000 benefit pool; a 365 day year times a 3 year benefit period times a $200 daily benefit. 

Persons in poor health, or receiving long-term care services already, may qualify to acquire coverage at higher non-standard rates or buy a more limited amount of coverage.  Commonly the long-term care policies have benefit periods, the total amount of time that benefits will be paid, or lifetime benefit maximums, the total amount of dollars to be paid in benefits.  Translating the selected benefit time period into a dollar amount, so as not to limit the actual number of care days to be paid for, establishes the overall dollar amount to be paid.

Persons budget to pay known amount premiums for a long-term care insurance policy and the policy will pay known amount benefits when long-term care services are needed.  A few companies may offer unlimited lifetime coverage or high coverage options like a one million dollar lifetime limit, but unlimited and high coverage means high premiums, and means in most situations a person is overbuying coverage that will not be used.  

Once you have your Daily Benefit Amount and your Benefit Period in mind that you feel meets your needs, then you want to decide on your Elimination Period and Inflation Option. 

The Elimination Period, waiting period, the period of time a person is required to wait once becoming eligible to receive long-term care insurance benefits, can range from zero days to 30, 60, 90, 180 and 365 days, is chosen when making application for long-term care insurance coverage and deciding on the premium amount, with a 90 day elimination period making sense in most situations.

The Inflation Option, an important part of long-term care insurance plans, helps the policy benefit keep pace with cost of long-term care increases, which vary by state and area.  Persons in the 60 years of age range and beyond may select 3% compound inflation protection while persons in the 50 years of age range and under may desire a 5% compound inflation protection option. 

Long-Term Care Insurance planning is more complex than most other types of insurance.  It is difficult to know everything there is to know and keep up with all the changes that will affect benefits and care options in a person’s best interests years in the future. 

Insurance professionals in general can better serve a client’s needs when aligning with fellow professionals that focus and specialize in Long-Term Care Insurance planning.  Selecting a Long-Term Care Insurance plan is truly one of those once in a lifetime decisions.  

Long-Term Care Insurance Advisory

dan@dan-mcdevitt.com

Dan McDevitt

Memphis, Tennessee USA

Benefit Design, Communication, Enrollment

Licensed Insurance Provider 

A Benefit of Insurance

Insurance is the communal pooling of funds today

in order to help protect the individual against loss in the future. 

Within the written boundaries of a good faith bond of honesty and fairness, for an agreed payment, the insurer agrees to indemnify, make whole again, or compensate the insured in the event of certain agreed losses.   

In an earlier time, sailing merchants, as recorded in the 1750 BC Code of Hammurabi, paid an additional sum as insurance to cover a shipment stolen or lost at sea. 

Today's commercial enterprise of insurance is a major part of our financial services industry.  Insurance can positively affect societies in the ways it changes who bears the cost of loss,

and in a positive manner help societies and individuals prepare for and mitigate the effects of loss on the individual and the society itself.

You May Be Thinking, Ya' Think

You may be thinking, and that is a good thing, as huge as the website number of 162 million is, it just seems like there are more websites than that. 

Are you thinking that?  Well now, do not confuse web sites with web pages. 

By our count, there are 278 pages, on average, per web site. 

If you multiply the number of web pages by the number of websites, and remember to carry the zeroes, you will come up with over 30 billion pages, more or less.  Use a real sharp #2 pencil when doing this calculation.    

It is easy to understand how you might think there are more websites than really are there. 

You count them; see what you get. 

Your numbers will vary if you include parked pages along with hostnames connected to sites that respond.

If you are trying to figure out how to stand out, in this really big dub dub dub crowd, let's look at your website from a user's perspective. 

You only have a few seconds to catch the user's interest so make every second count.

Nobody likes to be confused. 

Use good clean design.  Make it easy to find things with a clear navigation structure.

Nobody likes to be distracted.  

Note: for distractions, see http://dan-mcdevitt.com/thisisit.htm  

Avoid most of the flash and moving images, unless the product you are selling is actually flash and moving images. 

We are very advanced beings, particularly for this planet.

You may be thinking, still a good thing, it is earlier than we think.  It is... 

Visitors to web sites are usually seeking information. 

 The familiarity of the written word is preferred in many cases, even as delivered in the digital format. 

With way over 162,000,000 variations to date, the style and design of the original web site holds up well. 

This is how it was described in 1945. 

"Consider a future device for individual use, which is a sort of mechanized private file and library.

It needs a name, and to coin one at random, "memex" will do.

A memex is a device in which an individual stores all his books, records, and communications,

and which is mechanized so that it may be consulted with exceeding speed and flexibility.

It is an enlarged intimate supplement to his memory.

It consists of a desk, and while it can presumably be operated from a distance, it is primarily the piece of furniture at which he works. On the top are slanting translucent screens, on which material can be projected for convenient reading.

There is a keyboard, and sets of buttons and levers.

Otherwise it looks like an ordinary desk."

It is so earlier than we think, back in time http://dan-mcdevitt.com/thisisit.htm , and then back again.

We started counting in 1993 and thought that our 130 websites for that year was a bunch of websites. 

Million Years Ago Today

It was just a million years ago today. 

A caveman taught his sons to play. 

Scratching all their lyrics on the wall. 

Songs of life, love and peace for all. 

Then the comet hit them in the head.  Now all the dinosaurs and most cavemen are dead. 

A small town 4th of July celebration is always great.  Parades with clowns and politicians are in review.  I know I am being repetitious.   We get to see new cars and old cars.  Spiffy green tractors pulling floats decorated in red, white and blue crepe paper. 

We watch veterans marching proudly.  Patriots are cheering.  Our kids are waving their flags.  All enjoy a moment in the sun.  Nobody is shooting.  We are on a peaceful walk.  We go to a picnic in the park this afternoon.

We celebrate our independence on the Fourth of July.  It is beautiful early summer weather each year.  Give someone credit for good scheduling.  We feel good about our freedom.  No display of the blood and death spent. Do not want to think about that.  Scare the kids. 

Cotton candy today and fireworks tonight. 

I had not heard the news today oh boy since probably the Summer of Love, 1967.  In San Francisco that summer opened a bit early with the Human Be-In at Golden State Park in January.  Hey, it was California with twelve months of summer every year.  People seemed to like that. 

By May, every radio station was playing “San Francisco (Be Sure to Wear Flowers in Your Hair)”.  Life in Pasadena and Palm Springs was as always beautiful and sunny eight days a week.    

The authors of the day of what is good, The Beatles released their eighth album on June 1 in the United Kingdom, a studio thing called “Sgt. Pepper’s Lonely Hearts Club Band”.  It hit the United States two days later, hard. 

The next week there was a get together over at the Monterey County Fairgrounds. Performers at The Monterey Pop Festival included a group called Buffalo Springfield that was in flight and played good.  Some others there were The Who, The Grateful Dead, Jimi Hendrix, and Big Brother & The Holding Company with a new girl singer named Janis Joplin.  That was fun. 

A couple years later, about mid August in 1969, more people than were actually there remember going up to Max Yasgur’s farm in Woodstock, New York for an aquarian exposition, the Woodstock Music and Art Fair.  It was billed as three days of peace and music.  That it was. 

From that it was to this is it and back in the blink of an eye it seems.

http://dan-mcdevitt..com/thisisit.htm  I just don't know where all the flowers have gone, long time ago. 

Beginning in the 1950s, the Newport Jazz Festival was a favorite multi-day outdoor venue of music makers and music lovers.  These social gatherings arriving in the late 60s were the first to feature the elements of rock music and flower power. 

Waves of people in harmony seemed to be singing the same tune. 

It's my party and I'll do what I want to. 

Just was not any real concern to bother ourselves with a social conscious. 

Most of us did not know we even had one.  Really did not know we needed one. 

The times are about to be a'changin again.  

More memories for free at http://dan-mcdevitt.com/thisisit.htm    Enjoy the day, unless you have other plans.