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|Inflation Protection and Long-Term Care Insurance: Finding the Gold Standard of Adequacy|
AARP Research Center
Sept. 3, 2002
Excerpt: The long-term care (LTC) insurance market has grown rapidly over the past decade. Since many individuals purchasing LTC insurance policies today may not access benefits for many years, it is important that insurance benefits keep pace with inflation. To address this issue, AARP commissioned a study to determine whether a policy with a 5 percent compound inflation option is adequate to meet future LTC costs.
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