Discuss the following:
1. Review the video titled "Long-Term Care Insurance 101" (2 min 12s). Next, give your opinion as to whether or not people in their 40s and 50s should purchase long-term care insurance. Provide a response.
Link to video:
https://www.youtube.com/watch?v=T1RmHZy2_JA
2. Examine the critical role of commercial insurance companies in the financing of long-term services. Take a position as to whether or not insurance companies' variations in the cost of premiums are justifiable. If justifiable, give at least one justification for these variations. Provide a response.