The average 65-year old couple can expect to spend $197,000 in lifetime health-care costs — and, if you add in nursing home care, that number leaps to $260,000, at minimum. These costs are insurmountable for many Americans, both poor and middle class. And now that the government’s CLASS Act has been cut, experts fear that the weight of the baby boomer’s medical needs will fall on Medicaid, a program which is already enormously overburdened.

Would the CLASS Act have worked if participation had been mandatory? Can individual LTCI step in and offer an affordable solution? These are questions that need answers.

Read the story.