High Nursing Home Bills Squeeze Insurers, Driving Rates Up
The Associated Press
Mar 24th 2015
NEW YORK -- Thirty years ago, insurance companies had the answer to the soaring cost of caring for the elderly. Plan ahead and buy a policy that will cover your expenses.
Now, there's a new problem: Even insurers think it's unaffordable.
Life insurance firms pitched long-term care policies as the prudent way for Americans to shoulder the cost of staying in nursing homes. But those same companies have found that long-term-care poli
Source of insurance-forums.net
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