Northrim Benefits Group: An affiliate of Northrim Bank
  • About Northrim Benefits Group
  • Solutions for Businesses
  • Solutions for Individuals
  • Contact Us
Solutions for Businesses

Group Long Term Care Insurance

Many employees in their 40s and 50s are struggling with being "sandwiched" between caring for children at home and for their own aging parents or relatives. With medical advances stretching life expectancies and many women starting families later in life, caring for both children and adults simultaneously is becoming more the norm than the exception. Caring for extended family and facing difficult decisions about aging parents has been shown to lead to tremendous amounts of stress. According to a MetLife Mature Market Institute study published in 2001, the stress of care-giving responsibilities directly affects American employees' health. Employees who serve as caregivers cost employers between $11.4 billion and $29 billion per year in lost productivity. This same study also found that people who own long term care policies place less stress on their loved ones and have less stress in the workplace.

A long term care insurance offering will enrich your company's benefits package, can offset lost productivity dollars, and can protect accumulated assets from being spent on long term care costs.

Contact us today to find a group long term care policy for your business.

Terms of Use  |  Security  |  Privacy
2550 Denali Street, Suite 1502 • Anchorage, Alaska 99503 • Phone: (907)263-1401 • Fax: (907) 279-6818