Chances of needing long-term care.
 |
| You work-out, take care of your health,
but did you know that 5 million Americans who receive long-term
care benefits are under the age of 65? |
|
What are my chances of needing long-term care?
|
Nine million
people of all ages have long term debilitating medical conditions
that require the help of a personal assistance so that they can
perform their everyday tasks.
Long term care insurance is designed to help pay the rising costs
associated with providing such round-the-clock assistance.
|
|
U.S.
Department of Labor, January 28, 2004
|
| |
| You
have about a one in 80 chance of ever using your homeowner's insurance,
and a one in 40 chance of using your automobile insurance, but you
have about a 60 percent chance that you're going to be in a nursing
home after age 65. |
|
National
Underwriter, May 10, 1999
|
|
 |
| More than 60% of Americans will
need some form of long-term care either home care, assisted living,
or nursing home care at some point in their lives. |
|
Sixty (60) percent of all Americans will need long-term health care
at some point in their lives. |
|
National
Academy of Elder Law Attorneys, 1999
|
| |
|
For
a couple turning 65, there is a 75% chance that one of them will
need long-term care.
|
|
Wall
Street Journal, 2000
|
| |
| Approximately
40% of the 13 million Americans receiving long-term care benefits
are between the ages of 18 and 65. |
|
Fitch
"Long-Term Care: An Industry in Transition" January 18, 2002
|
| |
| One out of
two people over age 65 will spend time in a nursing facility. Three
out of four people over 65 will require care at home. |
| "Guide
to Long-Term Health Care," HIAA, December, 1999 |
|
Dunn Insurance Services LLC
4015 East Lupine Avenue
Phoenix, Arizona 85028
602-923-4949 or, toll-free: 1-866-380-2169
