Long-term care insurance (LTCI) can play a role in financing long-term services and supports (LTSS) needs, however, the high cost and complexity of these products and concerns about rising premiums have affected consumer demand. A report from AARP includes facts and figures on LTCI and information on the emerging market for short-term care products.
The report can be obtained at https://www.aarp.org/content/dam/aarp/ppi/2018/08/disrupting-the-marketplace-the-state-of-private-long-term-care-insurance.pdf.