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The fact remains that most of us are anesthetized to the true cost and true value of long term care insurance.
Sep 29, 2025
In a system where the cost of care is hidden by taxes levied on your income, property, and business activities, it is no wonder why so many Americans rely on Medicaid to pay their long term care.
No well-planned retirement should be without long term care insurance. It is the very cornerstone of retirement security.
Most Americans have some experience with nursing homes or other long term care settings, and nearly half have had a family member or close friend in a home in the past three years.
We are thinking ahead to long-term care, aware that many folks don't plan ahead and won't be ready. We want to see to it that people will have choices.
The lack of manpower and infrastructural capacity in our Intermediate and Long-term Care sectors are problems that have been with us for the past 10 years. The demand for rehabilitation services will only increase with a rapidly ageing population. I hope the Ministry will share its roadmap to meet the rising demand for rehabilitation services.
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