Long-term care insurance

Discusses long-term care (LTC) insurance, including the different types, how many such policies are outstanding in Connecticut, who offers them and to whom, and why more have not been sold. Describes what percentage of elderly people go to nursing homes, the current federal tax deduction status and other states' income tax deduction or credit for LTC insurance premiums paid. Discusses what it would cost Connecticut to offer such a tax deduction, what effect increasing LTC insurance in Connecticut would have on the Medicaid program and the potential effect of recent federal legislation on LTC insurance sales.