The Bitter Taste of Long Term Care Insurance As aging becomes a longer and more complex process, individuals face difficult decisions about resource allocation.
For Robert, a reader who recently consulted an advisor, this dilemma takes the form of long term care insurance premiums that have increased three times in 25 years, now totaling over $500 per month.
This situation raises questions not just about cost effectiveness but also about societal expectations around aging and long term care.