Review the video titled "Long-Term Care Insurance 101" (2 min 12s). Next, give your opinion as to whether or not people in their 40s and 50s should purchase long-term care insurance. Provide a rationale for your response. Click here to access the video if it is not playing correctly below.
· Link to video: https://www.youtube.com/watch?v=T1RmHZy2_JA
Examine the critical role of commercial insurance companies in the financing of long-term services. Take a position as to whether or not insurance companies' variations in the cost of premiums are justifiable. If justifiable, give at least one (1) justification for these variations. Provide a rationale for your response.