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Nursing home stays can easily run over $100,000 per year. That cost is a big source of fear for older Americans, 70% of whom will need some form of long-term care. Long-term care insurance seems like a great answer. So why do only 3-4% of people have coverage? TOPICS (01:18) What is long-term care insurance? (04:07) Difference between healthcare and long-term care (06:56) Is the long-term care industry struggling? (08:26) What does $165,000 in coverage buy? (13:37) Mix of services getting more expensive (18:36) Why not treat the end of life with respect? 🎙️⚕️ABOUT CARETALK CareTalk is a weekly podcast that provides an incisive, no B.S. view of the US healthcare industry. Join co-hosts John Driscoll (President U.S. Healthcare and EVP, Walgreens Boots Alliance) and David Williams (President, Health Business Group) as they debate the latest in US healthcare news, business and policy. 📥 GET IN TOUCH Become a CareTalk Podcast sponsor: https://www.caretalkpodcast.com/work-... Guest appearance requests: https://www.caretalkpodcast.com/conta... Visit us at https://www.caretalkpodcast.com 📲 FOLLOW Spotify: https://open.spotify.com/show/2GTYhbN.... Apple Podcasts: https://podcasts.apple.com/us/podcast.... Follow us on LinkedIn: / caretalk-podcast 🗞️ Subscribe to our newsletter: https://www.caretalkpodcast.com/newsl... 🛒 Shop for official CareTalk merch: https://www.caretalkpodcast.com/categ... ⚙️ Produced by Grippi Media: https://www.grippimedia.com #healthcare #healthcarepodcast #healthcarebusiness #healthcarepolicy #healthinsurance #healthcaretechnology #healthcarefinance #caretalk #insurance #longtermcare