It’s no secret, obesity rates are booming, and that spells trouble your clients’ retirement. How? A report by The Trust for America’s Health and the Robert Wood Johnson Foundation cites a recent study that shows older adults who are considered obese can live just as long as their more svelte counterparts, but will spend more on health care. Once your chubbier clients hit 65, they could be paying an additional $1,486 per year for health care compared to average-weight individuals; some studies have found obese seniors could pay as much as $6,192.
Workers over 65 are likely to face issues like ageism and mental or physical limitations in the workplace, a survey found.
The law affects access to policy loans for insureds who are getting LTC-related accelerated death benefits.
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