Universal coverage for Long-Term Care will never work. Actuaries for the Obama administration looked at this as part of the so-called "Class Act" and determined it was impossible. Too many people need Long-Term Care.

You say "There are only three ways to pay for it now: enter a nursing home and apply for Medicaid; pay for a costly long-term care insurance policy; or pay out-of-pocket."

First, most Long-Term Care is not in a nursing home but is delivered at home or adult day care or assisted living. Long-Term Care Insurance is VERY affordable when purchased before retirement. For many people under $100 a month. You can't buy it if you are old and have poor health but most can if they make this part of their retirement planning in their 40's and 50's. Plus, most states offer partnership benefits which provide additional asset protection from the federal/state long-term care partnership..

What we need is tax incentives to get more people to plan. The biggest issue is denial by many.