Throughout the 1990s, long term care insurance (LTCI) gained popularity as the Baby Boomer generation began to age. With an increasing number of individuals approaching retirement, awareness of the need for LTC coverage grew, fueling demand for policies that could protect assets and provide care options. This demographic shift played a pivotal role in the expansion and mainstream acceptance of LTCI. During this time, inflation protection was introduced to combat the rising costs of LTC services.
