Why do only a few million people carry private long-term care insurance?

Read chapter 12.
Question:
You are a president of LTC Insurance Company and are testifying before a Senate Committee on long-term care. You are asked two questions: Why do only a few million people carry private long-term care insurance? How do you answer the complaints that senior citizen advocacy groups make about the terms of private long-term care insurance policies?
What do you say to the committee?
What policy changes will be appropriate?
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