Insurers of Long-Term Care
Respond to the following:
Review the youtube video titled "Long-Term Care Insurance 101". 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.
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.