Sales Of Traditional Long-Term Care Insurance Policies Continue To Fall
Americans bought only about 60,000 stand-alone long-term care (LTC) insurance policies in 2018, down 13 percent from 2017. Only about 15 carriers were actively selling policies, and five of them accounted for more than three-quarters of the market, as measured by premiums. The grim news was included in the latest version of an authoritative annual survey of long-term care insurance [...]