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Why are we just now hearing about how important long-term care insurance is; why hasn t it been around?

April 26, 2017hasn hearing Insurance long-term t

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Why are we just now hearing about how important long-term care insurance is; why hasn t it been around?

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Long-term care insurance has been around since the 1960 s, but meaningful policies were developed just in the last decade in response to the escalating demand for long-term care brought about by an aging population, changes in family structure, and the big shift away from the hospital setting.