Consumers who have private long-term care insurance (LTCI) may be forgetting what they used to know about their coverage.
Analysts at the Associated Press-NORC Center for Public Affairs Research found evidence of growth in consumer confusion about LTCI coverage this spring, when they conducted a long-term care (LTC) planning awareness telephone survey for the SCAN Foundation. Survey workers took information from 460 adult California residents ages 40 and older.
The same team conducted a similar LTC planning awareness survey for the SCAN Foundation a year earlier.
The percentage of survey participants who said they have private LTCI, or “extra insurance that covers expenses of ongoing living assistance,” held steady at 16 percent.
See also: Federal program boosts some states’ LTCI use