✉news BusinessPersonal Finance first seen 5 h ago, last 55 min ago, peak #7
Clark Howard Says Long-Term Care Insurance Market Is Broken
Original: 'Long Term Care Insurance as a Market Is Substantially Broken': Clark Howard Breaks His Own Rule for 36-Year-Old Officer With $2 Million
Consumer finance expert Clark Howard says the long-term care insurance market is 'substantially broken,' breaking his usual advice against the product for a 36-year-old police officer with a $2 million nest egg. The case highlights how rising premiums and insurer exits have made long-term care coverage difficult to recommend, though Howard suggests exceptions may exist for younger buyers with significant assets planning ahead.
Why now: Growing concern over unaffordable long-term care costs and the collapse of the traditional insurance market for them.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 55 min ago.
Evidence
- 'Long Term Care Insurance as a Market Is Substantially Broken': Clark Howard Breaks His Own Rule for 36-Year-Old Officer With $2 Million · 24/7 Wall St.
API: https://socialmediatrends-api.osmike.com/v1/trends/1064251