The Pros & Cons of Long Term Care Insurance
Nursing home stays can easily run over $100,000 per year. That cost is a big source of fear for older Americans, 70% of whom will need some form of long-term care.
Long-term care insurance seems like a great answer. So why do only 3-4% of people have coverage?
TOPICS
(01:18) What is long-term care insurance?
(04:07) Difference between healthcare and long-term care
(06:56) Is the long-term care industry struggling?
(08:26) What does $165,000 in coverage buy?
(13:37) Mix of services getting more expensive
(18:36) Why not treat the end of life with respect?
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CareTalk is a weekly podcast that provides an incisive, no B.S. view of the US healthcare industry. Join co-hosts John Driscoll (President U.S. Healthcare and EVP, Walgreens Boots Alliance) and David Williams (President, Health Business Group) as they debate the latest in US healthcare news, business and policy.
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