Long Term Care Ltc

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Title: Long Term Care Ltc

Essay Details:

Subject: Miscellaneous

Author: James B

Date: November 13, 2013

Level: University

Grade: B

Length: 3 / 734

Essay text:

It’s the type of insurance you hope you never have to use. This insurance is similar to auto insurance, where you pay for protect against possible injury or damage. It’s an investment that helps you hold on to your fortune once you enter into a long term care facility. LTC pays for nursing homes and rehabilitation facility expenses most people don’t consider will ever happen to them. Demographics Current Market Situation over 65 Years of age 1999 The Pie Chart above shows how many Million Americans over the age of 65. It also shows the living arrangements for Americans to date. In the next thirty years, 20 % of the population will be over 65 years of age, due to the baby boomer era...

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