“5 Top States for Long-Term Care Insurance Use,” by Allison Bell, ThinkAdvisor
“In spite of all of the gloom and doom surrounding private long-term care insurance, more than 10% of the older residents of five states have it. Long-term care insurance penetration among residents ages 40 and older ranges from 2.5% in Nevada to 12% in the top state, with a median of 4.7%. AARP has published state-by-state data on long-term care insurance ownership, and dozens of others related to long-term care needs, delivery systems and finance systems, in a database linked to its latest long-term services and supports state scorecard.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Evidently this disappointing “scorecard” replaces AARP’s former excellent “Across the States” data comparison publication, which was far more useful.
5 Top States for Long-Term Care Insurance Use