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About Charles Balanoff

A graduate of Merrimack College in North Andover, Massachusetts, Charles Balanoff holds a bachelor of science in business administration. He embarked on his business career as a subcontract administrator with Andover’s Raytheon Company, where he conducted research and cost analyses of contracts and engaged in contract negotiations to maximize company profits. An insurance broker since 1990, Charles Balanoff has a wealth of experience in the fields of life, health, and disability coverage with fixed and immediate annuities. In addition to offering general health insurance, he provides various forms of long-term care insurance.

Over the course of his insurance career, Charles Balanoff has served as president of Eldercare Advantage. From its headquarters in Groveland, Massachusetts, this company helps its client base qualify for applicable state Medicaid and federal veterans’ benefits. Mr. Balanoff and Eldercare Advantage work with each client to complete and file all the necessary paperwork to acquire these valuable health benefits.

Work experience

Oct 1990Present


ElderCare Advantage


Sep 1976Dec 1984

Bachelor of Science

Merrimack College