“Private LTC insurers say fewer beneficiaries using plans for nursing homes than believed,” by Marty Stempniak, McKnight’s LTC News

“Fewer people are using private long-term care insurance for subsidizing a skilled nursing facility stay, according to a new analysis. Only about 30% of claims for such plans ended with the beneficiaries in a SNF. The vast majority of LTC insurance claims both begin and end in an individual’s home, according to the American Association for Long-Term Care Insurance, which based its study on 2018 claims data from seven insurers. … About 72% of claims last year ended with the death of the policyholder, and 14% concluded because the person recovered and no longer required care. The other 13% ended with the policyholder exhausting his or her benefits, according to the analysis. More than 300,000 individuals received benefits last year from a long-term care insurance policy. AALTCI estimated.”

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

It really is “stay out of a nursing home” insurance.