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May/June 2005 Edition
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Feature Home Page : Tax Credits For Long-Term Care Insurance
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Tax Credits For Long-Term Care Insurance

The public is mixed on whether a federal tax-credit would encourage them to buy long-term care insurance. About half (48%) say a tax credit would make them more likely to buy a policy, while the same share (48%) say it would not.

Younger adults appear to be more encouraged by the prospect of a tax credit – over half (51%) of adults ages 18-64 say a tax credit would make them more likely to purchase long-term care insurance, while just over one-third (34%) of seniors say the same.

Tax Credits For Long-Term Care Insurance (Bar Chart)

 
 
 
 

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