Long-Term Care Insurance: Better Controls Needed in Sales to People With Limited Financial Resources

HRD-92-66 Published: Mar 27, 1992. Publicly Released: Apr 15, 1992.

Highlights

Pursuant to a congressional request, GAO provided information: (1) health and financial factors that limit long-term care insurance purchases; (2) insurance company policies regarding the sale of long-term care insurance to low-income people; and (3) the extent to which insurance companies train and monitor their agents to comply with such policies.

Full Report

Full Report (22 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Health Care

Disadvantaged personsElderly personsEligibility criteriaHealth insuranceInsurance companiesMarketingMedicaidLong-term care insuranceLow income peopleLong-term care