Understanding the motivations of long-term care insurance owners: the importance of retirement planning.
This article is based on two recent reports by the American Council of Life Insurers (ACLI) that illuminate the reasons why individuals purchase private long-term care insurance in both the group and individual markets. This information suggests that a younger and more diverse group of individuals are becoming increasingly interested in private long-term care insurance and that workplace education linkage the purchase of long-term care insurance to retirement planning may promote coverage.
Yakoboski
Paul J
PJ
D000328:Adult; D005249:Fees and Charges; D005382:Financing, Personal; D005544:Forecasting; D006801:Humans; D007343:Insurance Carriers; D007353:Insurance, Long-Term Care / Q000706:statistics & numerical data*; D008134:Long-Term Care / Q000191:economics* / Q000706:statistics & numerical data; D008875:Middle Aged; D009042:Motivation; D012179:Retirement / Q000191:economics*; D014481:United States