The news surrounding the issue of long term care and the costs associated with long term care are not all negative. Even though long term care costs are going to have a serious financial impact on everyday families in the future. Luckily long term care is becoming more of a public issue and the government is starting to take action on the issue. Both political sides seem to agree that the current system will not work going forward as the number of elderly increases. They also agree that the current private market is inadequate, and finding a way to help when costs become astronomical for a family and the insurance provider. Public insurance seems to be what they are all thinking, however there are several ideas in the works as to which would be better.
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A Policy Fix for Long-Term Care?