Why Is Long Term Care Insurance So Expensive?
.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.Long Term Care Insurance is priced to cover the costs incurred by Long Term Care policyholders. People live longer lives than ever before, and even many young people are now sustained by long term care services. Health care in America can do wonderful things, but it comes at a price. If insurance companies do not charge enough to pay for claims made on their policies, their policies are worthless. Unfortunately, these costs are reflected in premiums. But when compared with the actual benefit received, the premiums are not as expensive as they seem.Answered on August 1, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
