Trends In Long-Term Care Insurance

Law360, New York (October 31, 2011, 1:12 PM EDT) -- The aging population is accelerating into the need for long-term care. The increasing cost of such care is placing it out of reach of millions of Americans who do not have coverage to meet their health care and maintenance needs as they grow older.

Most people do not have sufficient savings to maintain an appropriate lifestyle for family members should they need years of assistance with activities of daily living. Here are some statistics:

Those aged 65 and over will, on average, need long-term care protection...
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