Benefits of Group Long-Term Care Insurance for Employers | Beacon Insurance Agency
The LTC Need

A benefit gap most packages haven't closed

Your employees already sense this risk. Very few employers have stepped in to help close it. Here's what the data shows.

A gap this wide doesn't stay invisible on a balance sheet. Employees carrying unaddressed long-term care risk for themselves or a spouse tend to show up in the numbers your business already tracks — more unplanned absences, more stress-related turnover, and less bandwidth for the work in front of them. Closing even part of that gap, and helping employees protect the assets and retirement they've worked to build, is one of the more direct ways a benefits package can affect retention.

Recognized Risk
40%

of workers recognize they will likely need long-term care services as they age.

The Benefit Gap
24%

of benefits-eligible employees are actually offered long-term care insurance by their employer.

Actual Enrollment
9%

of employees are enrolled, even at the companies that do offer this benefit.

Source: Employee Benefit Research Institute (EBRI), Employee Perspectives on Long-Term Care, 2025

A Benefits Differentiator

More than one reason to offer this benefit

Closing the Coverage Gap

Group long-term care insurance closes the gap you just saw in the numbers above. Offering it puts your company ahead of the vast majority of employers who still leave this risk unaddressed. Your employees are not exempt from this risk to themselves or a spouse, and for many, the underlying worry isn't abstract. It's a real question of how they would pay for care if it were ever needed, and what that cost would mean for the assets and retirement they've worked to build. A gap like this shows up in your business as stress, absenteeism, and turnover, the same costs that appear whenever a major life risk goes unaddressed for too long.

Attract and Retain Top Talent

Organizations with a people-first culture recognize that end-stage care is a significant concern for their employees. Employer-funded long-term care insurance is an economical, highly valued incentive that can be a differentiator in attracting and retaining talent. Employee-funded coverage meets a significant family need with affordable payroll deductions, which matters most to the candidates already weighing multiple offers.

Low-Cost, High-Value Rollout

Group rates are typically lower than individual coverage. It is a rare benefit that carries real perceived value without adding meaningful overhead for your HR team — most of the administrative lift is handled for you, start to finish.

Top Benefits

What makes this coverage worth offering

A few advantages that make group long-term care insurance stand apart from a stand-alone individual policy.

Dual Protection

Long-term care and a life insurance benefit in one plan, so unused care dollars still pass on as a death benefit — nothing is forfeited if the coverage is never needed.

Budget-Friendly

Group rates are typically lower than individual coverage, built to fit real employee paychecks without requiring a large payroll deduction to see meaningful protection.

Spousal Coverage

Spouses can opt in during the enrollment window, extending protection to a spouse who would otherwise be exposed to the same risk.

See the full mechanics of how coverage works →

Ready to offer your team more?

A specialist will walk you through your options, help with the census process, and bring back a no-obligation group quote.

Request a Group Quote Or call us directly at (954) 510-5431
Benefits of Group Long-Term Care Insurance for Employers | Beacon Insurance Agency
The LTC Need

A benefit gap most packages haven't closed

Your employees already sense this risk. Very few employers have stepped in to help close it. Here's what the data shows.

A gap this wide doesn't stay invisible on a balance sheet. Employees carrying unaddressed long-term care risk for themselves or a spouse tend to show up in the numbers your business already tracks — more unplanned absences, more stress-related turnover, and less bandwidth for the work in front of them. Closing even part of that gap, and helping employees protect the assets and retirement they've worked to build, is one of the more direct ways a benefits package can affect retention.

Recognized Risk
40%

of workers recognize they will likely need long-term care services as they age.

The Benefit Gap
24%

of benefits-eligible employees are actually offered long-term care insurance by their employer.

Actual Enrollment
9%

of employees are enrolled, even at the companies that do offer this benefit.

Source: Employee Benefit Research Institute (EBRI), Employee Perspectives on Long-Term Care, 2025

A Benefits Differentiator

More than one reason to offer this benefit

Closing the Coverage Gap

Group long-term care insurance closes the gap you just saw in the numbers above. Offering it puts your company ahead of the vast majority of employers who still leave this risk unaddressed. Your employees are not exempt from this risk to themselves or a spouse, and for many, the underlying worry isn't abstract. It's a real question of how they would pay for care if it were ever needed, and what that cost would mean for the assets and retirement they've worked to build. A gap like this shows up in your business as stress, absenteeism, and turnover, the same costs that appear whenever a major life risk goes unaddressed for too long.

Attract and Retain Top Talent

Organizations with a people-first culture recognize that end-stage care is a significant concern for their employees. Employer-funded long-term care insurance is an economical, highly valued incentive that can be a differentiator in attracting and retaining talent. Employee-funded coverage meets a significant family need with affordable payroll deductions, which matters most to the candidates already weighing multiple offers.

Low-Cost, High-Value Rollout

Group rates are typically lower than individual coverage. It is a rare benefit that carries real perceived value without adding meaningful overhead for your HR team — most of the administrative lift is handled for you, start to finish.

Top Benefits

What makes this coverage worth offering

A few advantages that make group long-term care insurance stand apart from a stand-alone individual policy.

Dual Protection

Long-term care and a life insurance benefit in one plan, so unused care dollars still pass on as a death benefit — nothing is forfeited if the coverage is never needed.

Budget-Friendly

Group rates are typically lower than individual coverage, built to fit real employee paychecks without requiring a large payroll deduction to see meaningful protection.

Spousal Coverage

Spouses can opt in during the enrollment window, extending protection to a spouse who would otherwise be exposed to the same risk.

See the full mechanics of how coverage works →

Ready to offer your team more?

A specialist will walk you through your options, help with the census process, and bring back a no-obligation group quote.

Request a Group Quote Or call us directly at (954) 510-5431