Chapter 3  

The important points addressed in this lesson are:

insurers may design long-term care insurance policies to meet various needs
recent legislation's impact on LTC policy terms
consumers may select a number of options to tailor LTC policies to their individual needs
the importance of protecting LTC benefits from inflation
factors that affect the cost of long-term care insurance coverage
types of coverage available in the private insurance market today
tax treatment of premium costs and LTC insurance benefits

Long-Term Care Policy Design
Long-Term Policy Options
LTC Insurance Premiums
Taxation of LTCI
Summary of Long Term Care Insurance
Chapter 3 Review Questions