NATION IN BRIEF : NATIONWIDE : Long-Term Care Insurance Backed
From Times Staff and Wire Reports
“Scared to death” of the costs of nursing home care, most older Americans are willing to pay $50 a month for a government insurance program covering long-term care, according to a study for the American Assn. of Retired Persons. The report should help policy makers trying to craft a solution to the long-term care problem, said Horace Deets of the AARP. The fledgling market for private long-term care insurance has grown in recent years, with about 1.3 million policies sold by mid-1989.
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