When Did Long Term Care Insurance Begin?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Long Term Care Insurance began in the early 1970's, but did not start becoming popular until the 1980's, after a period of rising prices in nursing home care. Back in the 70's the focus was to provide payment for nursing home care. Now Long Term Care insurance can be purchased to cover all types of service and living arrangements.
    Answered on July 21, 2013
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