Nearly 7 Million People Had LTC Insurance in 2017

6.8 million people, over 13 percent of Americans aged 65 or older, held a long-term care (LTC) insurance policy in 2017. Nationwide, across all ages, about 2 percent of the total U.S. population had an LTC policy that year, with most people who own one being at least age 50. This is according to data […]

Long-term Care Insurance Grows More Difficult for Seniors to Fund

Options for long-term care (LTC) insurance are diminishing in the marketplace, but a new industry-specific price index has revealed a substantial spread in costs for plans with similar coverage when compared with prior years. According to a new report released by the American Association for Long-Term Care Insurance (AALTCI), a couple in the mid-50s age […]