How Can We Fix Long Term Care Insurance?

This Wall Street Journal article by Alicia H. Munnell suggests one practical solution to the complex issues regarding long term care insurance. The article mentions that despite the fact that over one-quarter of men and over two-fifths of women will enter a nursing home at some point after age 65 and that a semi-private room costs about $80,000 a year, only about 10% of households purchase long term care insurance!

The article also compares the United States Long Term Care issues vs. United Kingdom's Long Term Care issues, but explains why they think their solution they suggest is a better alternative. Click on link below to read the article.

Contact me at (941) 404-5334 to discuss your long term care options and/or get you started on the right track of getting yourself insured.

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