A company that helps retirement planners think about acute health care costs is adding a tool planners can use to analyze long-term care costs.

HealthView Services Inc., Danvers, Mass., which is also known as HVS Financial, is building an LTC cost projector into the retirement health cost planning software tool collection it markets to financial institutions and advisors.

The LTC planning component can help advisors predict when a client will be most likely to need LTC, how long the client might use formal LTC services, and how much the services might cost.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.