The market for long-term care insurance has a lot of problems. That same market could be an important element in a broader solution to financing challenges surrounding long-term care as the nation’s population grows older.

That was the message Marc Cohen, co-director of the LeadingAge LTSS Center @UMass Boston, brought to the U.S. Treasury Department’s federal advisory committee on insurance. Cohen spoke to the committee in detail about the state of the long-term care insurance market on Feb 22. His complete presentation can be viewed here.