Why are we just now hearing about how important long-term care insurance is; why hasn’t it been around?

Long-term care insurance has been around since the 1960’s, but meaningful policies were developed just in the last decade in response to the escalating demand for long-term care brought about by an aging population, changes in family structure, and the big shift away from the hospital setting.Long-term care insurance has been around since the 1960’s, but meaningful policies were developed just in the last decade or so in response to the escalating demand for long-term care brought about by an aging population, changes in family structure, and the big shift away from the hospital setting.

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