Longterm Care Insurance

"Premiums on long-term care policies have more than doubled from 2007 to 2014."  American Association for Long-term Care Insurance

Wow.  This article, in the New York Times, reports on the incredible rise in cost of long-term care insurance.  So, what is a person to do?  Nursing home costs are now about $8000 a month.  If a long-term insurance care policy has risen from about $1982 annual premium a decade ago to about $5000 today, then it is a more difficult decision whether to buy it.  Typical policies cost about $3000 today, according to this article.  Still, when one considers $3000 per year, versus $8000 per month.  A tough decision.  The cost of health care in America is such a concern.