“Living a long life is something that many of us want and could get,” said Jesse Slome, executive director of the American Association for Long-Term Care Insurance, an insurance education group. “But when we live a long life, the chances of us needing long-term care increase exponentially. Insurance is an option for someLong-term care insurance, a very niche and complex market, has traditionally been an option for those able to buy policies, but it is far from the norm. “The population of seniors who buy long-term care insurance constitutes a segment of the population who are healthier and their longevity is likely different than the nation as a whole,” said Slome. “Our concern is that … it will get even more expensive for those who have had the modest resources to access long-term care insurance to be able to afford it,” she noted.

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Persons: ”, Jesse Slome, Jason Hopper, Ramsey Alwin Organizations: CNN, American Association for, Care Insurance, of Health, Human Services, Insurance, HHS, National Council, Aging, Washington Locations: United States, American, Washington, Pennsylvania, California, New York