Long Term Care Insurance Market Business Developments, Innovations, Top Companies and Forecast to 2028

During the forecast period, the long term care insurance market would continue to increase due to rising ageing and life expectancy. Individuals who require long-term care are generally healthy but unable to execute two of the six basic daily activities: dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking. Approximately 70% of people over the age of 65 will require long-term care services at some point in their lives. Today, almost 40% of individuals requiring long-term care are between the ages of 18 and 64. Long-term care insurance also cover things like assisted living, home care, respite care, adult daycare, nursing home, hospice care, Alzheimer's facilities, and house modification to accommodate disability.

The "Global Long Term Care Insurance Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Long term care insurance market with detailed market segmentation by product and age group. The report provides key statistics on the market status of the leading Long term care insurance market players and offers key trends and opportunities in the market.

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Some of the Prominent/Emerging Players in Long Term Care Insurance Market:

State Farm Mutual Automobile Insurance Company
GoldenCare
Sun Life Assurance Company of Canada
ACSIA Partners,LLC
New York Life Insurance Company
Allstate Insurance Company
MassMutual
Anthem Insurance Group, Inc
Long-Term Care Resources
NerdWallet

Highlights the following key factors:

1) Business description-A detailed description of the company’s operations and business divisions.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
4) Company history – Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors – A list of key competitors to the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years history.

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Long Term Care Insurance Market which would mention How the Covid-19 is Affecting the Long Term Care Insurance Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Long Term Care Insurance Players to fight Covid-19 Impact.

Based on product the market is segmented as, Partnership long-term-care Insurance, Indemnity long-term-care Insurance, Reimbursement long-term-care Insurance.
Based on age group the market is segmented as, Above 60 years, below 60 Years.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Long Term Care Insurance Market - By Product
1.3.2Long Term Care Insurance Market - By Age group
1.3.3Long Term Care Insurance Market - By Region
1.3.3.1 By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.LONG TERM CARE INSURANCE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.EXPERT OPINIONS

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This release was published on openPR.