Majority of Private Long-Term Care Claims Disbursements Go toward Home Care

About 180,000 Americans had claims totaling $3.5 billion paid under their long-term care (LTC) insurance policies last year, according to a study released by the American Association for Long-Term Care Insurance (AALTCI). Lawmakers at a recent congressional hearing pointed out that more than seven million Americans now hold a private LTC insurance policy, which means…