SPECIAL WORKSITE SECTION
PAGE 28
SENATE;PROMOTES;LTCI
PAGE 30
AMERICANS;IN;DENIAL
LTCI Hearing: All Politics is Personal
by Allison Bell
The;Federal;Long;Term;Care;Insur-
ance;Program;(LTCIP);played;a;direct
role;in;shaping;thinking;at;this;week’s
Senate;hearing;on;long-term;care
(LTC);financing.
John;O’Brien,;the;director;of;the
U.S.;Office;of;Personnel;Management
(OPM);and;the;manager;of;the;FLTCIP,
was;one;of;the;witnesses,;and;Sen.
Mark;Udall,;D-Colo.,;talked;about;his
own;conflicted;feelings;about;the;bro-
chure;toward;the;end;of;the;hearing,
which;was;organized;by;the;Senate
Special;Committee;on;Aging.
Udall,;who;was;born;in;1950,;asked
about;concerns;about;a;possible
growing;lack;of;competition;in;the
private;LTCI;market,;and;strategies
that;could;be;used;to;get;baby;boom-
ers;to;think;about;LTC;planning;and
buying;LTCI.
Transamerica Employee Benefits Partners with LifeLock, Inc.
by Michael K. Stanley
Transamerica;Life;Insurance;Com-
pany;has,;through;its;Transamerica
Employee;Benefits;(TEB);marketing
unit,;partnered;with;LifeLock,;Inc.
to;provide;identity;theft;protection
through;employee;benefits;in;order;to
give;employers;and;employees;peace
of;mind.
Photo;©;Thinkstock.com
“Voluntary;benefits;are;becoming
an;increasingly;important;part;of;the
overall;employee;benefits;package;as
they;enable;employers;to;expand;and
diversify;their;offerings;at;the;work-
place.;By;offering;LifeLock’s;identity
www.LifeHealthPro.com
theft;protection;services,;we;are;able
to;provide;our;customers;with;access
to;a;wide;array;of;insurance;and;non-
insurance;protection;options,”;said
Randy;Clarkson,;president;of;TEB.
It;is;no;surprise;that;the;pervasive-
ness;of;paying;bills;and;conducting
other;financial;transactions;online
has;led;to;an;uptick;in;identity;theft.
According;to;a;2012;Identity;Fraud
Report;from;Javelin;Strategy;&;Re-
search,;there;were;1. 4;million;new
victims;in;2011;from;2010.;The;report
found;that;there;is;usually;a;delay
between;the;time;someone;detects
account;fraud;and;the;time;that;stolen
information;is;misused.;The;delay,
according;to;the;report;can;be;as;long
165;days.
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