Filed Under:Health Insurance, Ltci

LTCI: Is It the Answer?

Judy Feder (Photo courtesy of the U.S. Senate)
Judy Feder (Photo courtesy of the U.S. Senate)

Lawmakers are asking what kind of role private long-term care insurance (LTCI) might play in helping the United States pay for long-term care (LTC) for the baby boomers and others.

Douglas Holtz-Eakin, a former Congressional Budget Office director who is now president of the American Action Forum, Washington, said he believes private LTCI can play a role in helping the country solve LTC finance problems.

"It's not that I don't like private long-term care insurance," Feder said. "It's part of the solution. It's not the solution."

The LTCI market has not grown much in the past 20 years, and the insurers still in the market have trouble making money off it, even when they use tight underwriting requirements, restrict benefits and increase rates, Feder said.

Featured Video

Most Recent Videos

Related resources

More Resources


Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.