Friday, November 14, 2008

After Financial Bailout, a Long Term Care Bailout? No, Industry Expert Says, Pointing to Recent Congressional Action

from MarketWatch:


KIRKLAND, Wash., Nov 12, 2008 /PRNewswire via COMTEX/ --
Will Long Term Care Awareness Week (November 16-22) Help Avert New Economic Tsunami?




Following the $700-billion-plus economic bailout and stimulus program,
"Congress does not relish another big bailout," says Cameron Truesdell,
CEO of LTC Financial Partners LLC (LTCFP), one of the nation's largest
and most experienced long term care insurance agencies. "But they see
another tsunami coming." That's the message Truesdell gets from the
September 25 introduction of House Resolution 431, "Supporting the
goals and ideals of a Long-Term Care Awareness Week."

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