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Q&A: Assemblywoman Mariko Yamada looks at long-term care insurance
Sacramento Bee

Long-term care doesn’t come cheap – up to $72,000 a year in California nursing homes, a steep price tag that will provide sticker shock for the more than 70 percent of people age 65 and older who will require care at some point as they grow older.

So it’s not surprising that long-term care insurance was a hot, if costly, topic even before the California Public Employees’ Retirement System last week announced an 85 percent rate hike at the top tier for its current policy holders.