It’s wise plan ahead. Here are some important LTC facts
At least 70% of people over age 65 will require some long term care services at some point; more than 40% will need care in a nursing home.
Source: U.S. Department of Health and Human Services, September 2008
The Risk of Long Term Care:
1 in 300 House Fire 1
1 in 30 Auto Accident 2
4 in 10 Long Term Care 3
Source: 1) National Fire Protection Association, September 2006 and U.S. Census Bureau, "Housing Vacancies and Home Ownership," 2005. 2) National Center for Statistics and Analysis, "Traffic Safety Facts, 2003 Data, Washington DC., and U.S. Department of Transportation, Federal Highway Administration, Highway Statistics 2003," Washington, DC: 2004, table DL-!C, available at http://www.fhwadot.gov/policy/ohpi/hss/index.htm as of December 1, 2004. 3) National Alliance for Caregiving in the U.S. and AARP, "Caregiving in the U.S." April 2004.
Estimated Average Costs for a Year in a Private Nursing Home Room:
Source: U.S. Department of Health and Human Services, 2007
Download: 3 Step LTC Guide
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