Americans were estimated to spend an average of $688.87 each on holiday-related shopping, according the National Retail Federation. Now that the wrapping paper has been tossed and many holiday gifts have been exchanged or returned, there is still one big-ticket item many workers have yet to buy.
There are 8 million Americans with some form of private long-term care insurance in a market with the potential to reach up to more than twice as many – 15 million to 20 million – including individual, group, life insurance products and annuity products, according to Jesse Slome, executive director of the American Association for Long-Term Care Insurance.
