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Provide three reasons why long-term care insurance has not been more popular in the United States

Provide three reasons why long-term care insurance has not been more popular in the United States

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Answer #1

The long-term care insurance is not popular in the United States due to these reasons:

1. People with low-income have Medicaid facilities. It provides safety net to individuals who do not have enough income and insurance plan to support the care plan. It is free-of-charge policy.

2. People with high-income can pay for their self-insurance, and can pay for their medical facilities.

3. Some people get indirectly covered under their spouse’s or children’s health plan. So they don’t feel the need of other care plan.

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