Video: Should You Buy A Long Term Care Insurance Policy?

Experts say that only about 10 percent of seniors bought a long-term health care policy and are covered. That could be because it’s tough to decide whether they’re right for you. As Michelle Andrews explains, they have many moving parts: After a waiting period, they generally pay a set daily benefit for a certain number of years, depending on how much you pay and at what age you start paying in. And, they also tend to be expensive. Listen to the audio.

Related column: Few Seniors Have Long-Term Care Insurance

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<h1>Video: Should You Buy A Long Term Care Insurance Policy?</h1>
<div>		<time class="posted-on" datetime="2010-12-14T00:30:13-05:00">
			December 14, 2010		</time>
		</div>
<p>Experts say that only about 10 percent of seniors bought a long-term health care policy and are covered. That could be because it’s tough to decide whether they’re right for you. As Michelle Andrews explains, they have many moving parts: After a waiting period, they generally pay a set daily benefit for a certain number of years, depending on how much you pay and at what age you start paying in. And, they also tend to be expensive.  <a href="https://www.kff.org/wp-content/uploads/sites/2/2010/12/121410_khn_insuring_ltc.mp3">Listen to the audio</a>.  </p><p>      <strong>Related column: <a href="https://kffhealthnews.org/legacy/B8AF2545-067A-4317-ACEE-5306F0C7C5DB">Few Seniors Have Long-Term Care Insurance</a></strong> </p><ul><li><a href="https://kffhealthnews.org/news/121310-andrews-long-term-care-policies/?share=x">				Click to share on X (Opens in new window)				X			</a></li><li><a href="https://kffhealthnews.org/news/121310-andrews-long-term-care-policies/?share=facebook">				Click to share on Facebook (Opens in new window)				Facebook			</a></li><li><a href="https://kffhealthnews.org/news/121310-andrews-long-term-care-policies/?share=linkedin">				Click to share on LinkedIn (Opens in new window)				LinkedIn			</a></li><li><a href="mailto:?subject=%5BShared%20Post%5D%20Video%3A%20Should%20You%20Buy%20A%20Long%20Term%20Care%20Insurance%20Policy%3F%20&body=https%3A%2F%2Fkffhealthnews.org%2Fnews%2F121310-andrews-long-term-care-policies%2F&share=email">				Click to email a link to a friend (Opens in new window)				Email			</a></li><li><a href="https://kffhealthnews.org/news/121310-andrews-long-term-care-policies/#print?share=print">				Click to print (Opens in new window)				Print			</a></li><li>				<a href="https://kffhealthnews.org/news/121310-andrews-long-term-care-policies/view/republish/">					Republish This Story				</a>			</li></ul><em><a href="https://kffhealthnews.org/about-us">KFF Health News</a> is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs at KFF—an independent source of health policy research, polling, and journalism. Learn more about <a href="https://www.kff.org/about-us">KFF</a>.</em><p><a href="https://kffhealthnews.org/morning-briefing/">Subscribe</a> to KFF Health News' free Morning Briefing.</p><p>This <a target="_blank" href="https://kffhealthnews.org/news/121310-andrews-long-term-care-policies/">article</a> first appeared on <a target="_blank" href="https://kffhealthnews.org">KFF Health News</a> and is republished here under a Creative Commons license.<img src="https://kffhealthnews.org/wp-content/uploads/sites/2/2023/04/kffhealthnews-icon.png?w=150" style="width:1em;height:1em;margin-left:10px;"><img id="republication-tracker-tool-source" src="https://kffhealthnews.org/?republication-pixel=true&post=11156&amp;ga4=G-J74WWTKFM0" style="width:1px;height:1px;"></p>

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