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INTRODUCTION TO LONG-TERM CARE
The important points addressed in this lesson are:
Long-term care will become a greater need in light of demographic changes
There are several means, public and private, to finance long-term care expenses
Long-term care expenses are becoming a larger portion of state governments' budgets
Private insurance is available to meet long-term care needs
States are working with private insurers through partnership programs to relieve financial strains on state budgets amd encourage individual responsibility for long term care expenditures.
Services for long-term care can be provided in several venues.