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New Research Quantifies Value of Long-Term Care Insurance

Whit Cornman-2014-12-04
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TL;DRAbstract

A new report from the ACLI finds that private long-term care insurance can save Medicaid $47.7 billion and reduce consumers’ out-of-pocket expenses to pay for care by $69 billion.

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A new report from the ACLI finds that private long-term care insurance can save Medicaid $47.7 billion and reduce consumers’ out-of-pocket expenses to pay for care by $69 billion.

Keywords

Term (time)Actuarial scienceValue (mathematics)BusinessMathematicsStatistics

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