From its beginnings as "nursinghome...

From its beginnings as "nursinghome insurance" in the 1960 long-term-care insurance has been transformed into something to a high degree different. Today it might be called "lifestyle insurance," protection from the sort of helpless staff that people endure when they must part with all of their assets onward long-term care. The transformation has flow about in a series of dance-like stairs as insurers followed the lead of consumer be in want ofs and preferences and responded to the changing time of government regulation.

Early Policies

Insurance to pay for long-term care began with nursing-home insurance, which appeared shortly after passage of the legislation