Out of more than 313 million Americans, about eight million have long-term care insurance, according to the American Association for Long-Term Care Insurance. An estimated 11 million Americans need some type of long-term care each year. Premiums are so high and policies capped at three years because of the risk involved for the insurer. Experts say LTCI can be a big help for people without children and with small retirement savings, but it’s not a fix-all. For instance, many people live beyond the three-year cap, and new policies are being written with more restrictions to limit insurers’ risk. Some might think it makes more sense to build up a retirement savings account instead of spending money on premiums, but that is a decision that requires careful study.
One major Democratic alternative to the Jayapal bill is the 'Medicare X' bill.
The amyloid detection test could help researchers measure the impact of any treatments tried.
The RiskStream Collaborative now has eight life and annuity members and 31 P&C members.
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