“Insurance Agents Bullish On Long-Term-Care Policies,” by Joyce Blay, Financial Advisor

“Insurance agents are optimistic they will sell more long-term-care policies in 2019 than they did in 2018, according to a national survey conducted by the American Association for Long-Term Care Insurance, headquartered in Westlake Village, Calif. … The vast majority (79.2 percent) said they expected new policy sales in 2019 to be higher or at least equal to sales in 2018. Only 20.8 percent of respondents said they expected lower sales this year. An even greater majority (92.8 percent) of respondents said they expected sales of linked-benefit LTC policies to be equal to or higher than the previous year’s sales.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Maybe that light at the end of the tunnel isn’t an oncoming train after all.