As long-term care insurers abandon the marketplace, what other options will appear?
Less than 20 years ago there were more than 100 major insurance companies selling long-term care insurance (LTCi). Today there are less than 30. Home care providers stood to be one of the primary recipients of LTCi payments for their services, but there's a paradox at work. Just as the baby boomers started turning 65 at a pace of 10,000 per day, the LTCi market is shrinking instead of "booming."
Life Care Funding. corestis@lifecarefunding.com
Chris
C
Orestis
D000368:Aged; D018574:Home Care Agencies / Q000191:economics; D006801:Humans; D019458:Insurance Coverage / Q000191:economics* / Q000639:trends; D007352:Insurance, Life; D007353:Insurance, Long-Term Care / Q000191:economics* / Q000639:trends; D014481:United States