The vast majority of older adults receive long-term care at home, not in nursing homes. But few people plan for this expense.
Nor do they see long-term care insurance as a viable option — because it’s expensive and is often seen as protection against the cost of nursing home care.
That should change, some experts contend. If the long-term care insurance industry focused more on helping people cover home-based services, they argue, policies would be more affordable, and potentially appealing.
Read the full article by Judith Graham.
