One obstacle to selling more long-term care insurance (LTCI) may be consumer uncertainty about whether the insurers are in the LTCI market to stay.
Jeffrey Brown, a finance professor at the University of Illinois, and two colleagues have reported that finding in an LTCI paper published in Health Affairs, a health finance and health care delivery academic journal.
The researchers used a survey of about 3,000 U.S. households whose members are interviewed regularly over the Internet.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
