Chances of needing long-term care.
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| 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? |
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What are my chances of needing long-term care?
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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.
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Source: National Underwriter, May 10, 1999 |
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| This year (2008) about nine million people over the age of 65 will need long-term care services. By 2020, that number will increase to 12 million. |
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Source: U.S. Department of Health and Human Services, October, 2008 |
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| More than 70% 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. |
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Approximately 40 % of the 13 million Americans receiving long-term care benefits are between the ages of 18 and 65. |
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Source: U.S. Department of Health and Human Services, October, 2008 |
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About 70 percent of all Americans will need long-term care at some point in their lives.
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Source: U.S. Department of Health and Human Services, August, 2008 |
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| Three out of four people over 65 will require care at home. |
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Source: “Guide to Long-Term Health Care,” HIAA, December, 1999 |
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| For a couple turning 65, there is a 75% chance that one of them will need long-term care. |
| Source: Wall Street Journal, 2000 |
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