Trustmark Teams Up with Cariloop for Caregiving Solutions
Trustmark Voluntary Benefits, a national provider of individual and group financial protection products, has launched an exciting new partnership with Cariloop, a renowned caregiver support platform. This collaboration aims to provide invaluable resources to customers who find themselves facing the challenges of long-term caregiving.
Access to Expert Caregiver Support
Beginning with new employer clients, all Trustmark Universal Life and Trustmark Life+Care policies will now offer clients access to Cariloop’s suite of adult caregiving support services. By leveraging Cariloop's comprehensive platform, Trustmark policyholders can gain the knowledge needed to navigate the often difficult landscape of long-term care.
The Importance of Caregiving Resources
Cariloop is not just a service; it's a lifeline for families grappling with the stress of caregiving. The platform aids users in identifying quality long-term in-home care options and provides a month of concierge coaching services per term year, empowering people to attain the peace of mind they desire.
Understanding the Caregiving Landscape
According to recent studies, the burden of caregiving affects millions across the nation. A report highlighted that around 48 million unpaid caregivers exist in the U.S., with many juggling caregiving alongside work commitments. The financial demands are significant, with caregivers dedicating a notable portion of their income to care-related expenses while averaging 24 hours of caregiving per week.
Statements from Trustmark's Leadership
John Anderson, President of Trustmark, emphasized, "When employees purchase our permanent life policies, they are often seeking assurance for the future. As our population ages and many struggle to care for loved ones, this partnership with Cariloop enhances our offerings and enables our policyholders to utilize the living benefit features effectively. It’s about relieving caregiving burdens during challenging times.”
Shared Values and Commitment to Care
The partnership stems from shared values between Trustmark and Cariloop, both passionately dedicated to supporting health and wellbeing. Cariloop's CEO, Michael Walsh, notes, “Navigating long-term care decisions can be daunting. Our team is proud to collaborate with Trustmark, ensuring that policyholders don't have to face these challenges alone. Together, we provide the support necessary for informed decision-making, securing financial futures, and delivering high-quality care to their loved ones.”
Utilizing Innovative Platforms for Support
Cariloop is at the forefront of caregiver support, delivering a HIPAA-compliant portal that allows families to create consolidated care summaries while accessing vital tools and resources. This intuitive platform hosts an array of information, from care tips to helping families understand the complexities of Medicaid and Medicare.
Trends in Home Care Preferences
Recent polling indicates that a substantial majority of individuals wish to remain at home as they age. According to a study, 88 percent of respondents expressed a preference for receiving any necessary living assistance at home or surrounded by their loved ones.
Trustmark's Commitment to Financial Flexibility
Trustmark's Dan Kraft voiced the challenges family members face in providing care at home. “Although people desire to remain at home while receiving assistance, many are unprepared for the costs associated with professional caregiving. Our permanent life products, enhanced with Cariloop's support services, offer the financial flexibility that families require to ensure quality home care for their loved ones,” he stated.
About Trustmark Voluntary Benefits
As a trusted name in employee benefits, Trustmark Voluntary Benefits provides innovative insurance solutions, including life, accident, critical illness, and disability coverage. Established over a century ago, Trustmark aims to protect individuals and families, combining a client-focused approach with comprehensive services tailored to meet diverse needs.
About Cariloop
Cariloop stands out as the preferred solution for employer-sponsored caregiver support, combining expert coaching with an intuitive platform. With a focus on decreasing caregiver stress and promoting employee well-being, Cariloop enhances productivity in the workplace while ensuring organizations support their employees’ unique caregiving requirements.
Frequently Asked Questions
What is the partnership between Trustmark and Cariloop?
The collaboration offers Trustmark policyholders access to Cariloop's comprehensive caregiver support services, enhancing their experience with long-term care.
How does Cariloop support caregivers?
Cariloop provides expert coaching, a robust library of resources, and tools to assist families in navigating caregiving challenges effectively.
What benefits do Trustmark policyholders receive?
Policyholders gain digital care support and access to concierge coaching services, ensuring they can handle caregiving responsibilities with greater ease.
Why is caregiver support important today?
With millions of unpaid caregivers in the U.S. tending to loved ones, quality support solutions are crucial for alleviating stress and enhancing care quality.
What values do Trustmark and Cariloop share?
Both organizations are dedicated to improving health outcomes and overall wellbeing, aiming to provide essential support for families facing caregiving challenges.
