American Association for Long-Term Care Insurance Reports 500,000 Will Apply for Coverage in 2011
Summary
Los Angeles, CA, June 22, 2011 --( This marks significant continued growth in awareness and action among consumers explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance."In 2010 the Association reported that 475,000 Americans obtained long-term care insurance coverage either on an individual basis or through their employer an increase over the prior year." ### Los Angeles, CA, June 22, 2011 --( PR.com )-- Over half a million Americans are expected to apply for long-term care insurance before the year concludes according to a projection from an industry trade group.This marks significant continued growth in awareness and action among consumers explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance."In 2010 the Association reported that 475,000 Americans obtained long-term care insurance coverage either on an individual basis or through their employer an increase over the prior year."I would expect tens of thousands of newly covered individuals in the program with an equal number who searched and compared coverage on an individual basis," Slome adds.Over eight million Americans currently have long-term care insurance protection and roughly 200,000 received benefits from their coverage in 2010 according to the 2011 Long-Term Care Insurance Sourcebook.