Still trying to figure out what the new normal holds after COVID-19? Health, wealth, financial goals? Masks, goggles, social distancing? In the midst of the pandemic we have the latest stats and facts about the long-term care insurance industry. Most 2019 changes are minor and not surprising compared to 2018 data.

Already this year we are seeing consumers reconsider their plans to self-fund potential long-term care expenses. And, we've experienced increased declines. Adverse selection? Are those with medical conditions more serious about coverage than before?

Many of us who are lucky enough to still be working are doing so remotely and loving it! I would wager that a remote workforce will be part of the new normal. Improved balance of work and home life, time and money saved commuting, and reduced cost of real estate for companies could all be key pluses in a post-pandemic world. If you think working remotely is in your future, tips for maximizing productivity is a must read.
If working from home is your new normal, check out some of my favorite productivity hacks!
Read on for the latest facts & figures about the Long-Term Care Insurance market.
How many of the top five reasons people purchase long-term care insurance can you relate to?
Wait too long to secure coverage and you may end up uninsurable! Here are the options that are left.
Did You Know?

The state of your health is the most important factor in determining if you can qualify for long-term care insurance. Long-term care insurance is underwritten based on your medical history, family health history, current health status and lifestyle. When you apply, you must be mentally fit and able to perform all activities of daily living which are defined as bathing, dressing, eating, toileting, continence and transferring. If you're in great health, don't use tobacco products and don’t take any medications, carriers will be quick to insure you because you represent minimal risk. Certain health conditions could prevent you from qualifying for long-term care insurance.
Nicole Gurley, CLTC
Gurley Long-Term Care Insurance