Long Term Care Insurance Choices Impacted by Premiums and Benefits
The article explores people's choices about long term care insurance in the US. They looked at what factors influence whether someone gets insurance or not, like how much it costs, what it covers, and if it's mandatory or optional. They found that higher premiums make people less likely to get insurance, but they are more likely to buy it if it covers them for life, is optional, and doesn't require health checks.