1)Given the increasing longevity of Americans and the costs of providing long-term care, anticipation of the costs should be a major element of every family’s financial planning

1)Given the increasing longevity of Americans and the costs of providing long-term care, anticipation of the costs should be a major element of every family’s financial planning. Current information suggests however, that very few families or individuals give this consideration. What factors might impede this advance planning? What measures might be effective in raising awareness among the Americans about this important matter?

 2. More than three-fourths of the elderly needing assistance is cared for by family members, many of whom also work outside the home. What implications does this have for employers? What types of employer policies might be appropriate regarding those engaged in providing long-term care for a family member?

3. Discuss: In what ways does assuring quality in the long-term care industry pose special challenges to regulators and consumers?