Baby boomers have seen first-hand the value of long term care insurance: Among those whose parents collected on a policy, 72% said it was a good value in a Mathew Greenwald survey.
And sadly, four in ten of the adult children of parents who needed long-term care, but lacked insurance said a policy would have made it easier for them to get the care they needed. Sixty-three percent say it would have increased the quality of care.
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