Things to Consider Before Purchasing Long Term Care Insurance
Americans are living longer and the large baby boom cohort is beginning to prepare for the likelihood that they will need substantial assistance in their last years of life. Many financial planners believe that long term care insurance should be part of a standard retirement package. It has become increasingly evident that individuals cannot plan on the government covering all costs of end-of-life long term care. Under these circumstances, one would expect a robust demand for private long term care insurance. Instead, this is a challenging time for the industry and its customers. This book discusses these challenges.
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Things to Consider Before Purchasing Long Term Care Insurance
Americans are living longer and the large baby boom cohort is beginning to prepare for the likelihood that they will need substantial assistance in their last years of life. Many financial planners believe that long term care insurance should be part of a standard retirement package. It has become increasingly evident that individuals cannot plan on the government covering all costs of end-of-life long term care. Under these circumstances, one would expect a robust demand for private long term care insurance. Instead, this is a challenging time for the industry and its customers. This book discusses these challenges.
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Things to Consider Before Purchasing Long Term Care Insurance

Things to Consider Before Purchasing Long Term Care Insurance

by David Bernstein
Things to Consider Before Purchasing Long Term Care Insurance

Things to Consider Before Purchasing Long Term Care Insurance

by David Bernstein

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Overview

Americans are living longer and the large baby boom cohort is beginning to prepare for the likelihood that they will need substantial assistance in their last years of life. Many financial planners believe that long term care insurance should be part of a standard retirement package. It has become increasingly evident that individuals cannot plan on the government covering all costs of end-of-life long term care. Under these circumstances, one would expect a robust demand for private long term care insurance. Instead, this is a challenging time for the industry and its customers. This book discusses these challenges.

Product Details

BN ID: 2940015509168
Publisher: David Bernstein
Publication date: 10/21/2012
Sold by: Barnes & Noble
Format: eBook
File size: 178 KB

About the Author

The author received his Ph.D. in economics from Purdue University in 1988. He retired from the U.S. Treasury Department in 2012. At Treasury, he worked on a wide range of issues including health care, housing, and personal bankruptcy. After Treasury he created a blog www.economicmemos.com and is currently writing a book on student debt. He lives in Virginia with his family.
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