The majority of private long term care insurance benefits appear to go to pay for home care and assisted living care.
Researchers at the American Association for Long-Term Care Insurance, Westlake Village, Calif., have reported that finding in an analysis of the $3.3 billion in LTC insurance benefits paid during the 12-month period ending Dec. 31, 2006.
Only about 36% of the benefits went to nursing homes, AALTCI researchers report.
