Get the Long-Term Care (Tweetable!) Facts

by | November 1, 2017 | Long-Term Care Insurance

It’s Long-Term Care Insurance Awareness Month. Stop! Before you come to the rash conclusion that “It’s nursing home insurance for old people. I don’t need that!” please just spend two minutes with this video. (And know that 80% of people who need care get it in their home!)

Here is some additional information about long-term care and long-term care insurance that you may not know. These facts are “tweetable,” meaning you can simply click on them and they’ll generate your tweet for you. Spread the word!

70% of people 65+ will need long-term care at some point in their lives. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

Women outlive men by 5 years, so are more likely to live alone when they’re older. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

Medicare doesn’t pay for unskilled help with Activities of Daily Living, which are most long-term care services #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

Women need long-term care longer (3.7 years) than men (2.2 years). #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

20% of today’s 65 year-olds will need long-term care support for 5+ years. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

80% of long-term care at home is provided by unpaid caregivers who spend 20 hours/week. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

58% of long-term care caregivers have intensive responsibilities like assisting with bathing or feeding #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

8% of people ages 40-50 have a disability that could require long-term care services. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

69% of people age 90+ have a disability. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

Chronic conditions like diabetes and high blood pressure make you more likely to need long-term care. #ThinkLTCI Click To Tweet (Source: U.S. Dept. of Health & Human Services, 2017 longtermcare.gov)

Cost of a home health aide services is $21.50/hour on average. Click To Tweet (Source: Genworth 2017 Cost of Care Survey)

Cost of assisted living facilities is $123/day or $3,750/month on average. Click To Tweet (Source: Genworth 2017 Cost of Care Survey)

Adult day health care services are $70/day on average. Click To Tweet (Source: Genworth 2017 Cost of Care Survey)

Semi-private room nursing home care is $235/day or $7,148/month on average. Click To Tweet (Source: Genworth 2017 Cost of Care Survey)

Private room nursing home care is $267/day or $8,121/month on average. Click To Tweet (Source: Genworth 2017 Cost of Care Survey)

Maggie Leyes

Maggie Leyes

Maggie Leyes is Chief Creative Officer for Life Happens. She has been working in the insurance and financial services industry for more than 15 years.

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