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Still Broken, Mostly Ignored: Long-Term Care Insurance in the U.S.

The U.S. market for long-term care insurance has been so broken for so long that it sometimes seems that we’ve collectively decided it’s not fixable. Yet the need is acute. The U.S. population is living longer and tens of millions will need long term care, whether at home or in a nursing home (which costs more than $90,000 a year). Yet only about one in ten families have long-term care insurance, which is expensive. Much of the caregiving as well as the financial burden falls on family members; and families deplete assets, ending up on Medicaid. Join us for a conversation on possible solutions – and how to re-ignite a conversation about them.