Need Long-Term Care Insurance? 52% will.
Here’s an Excerpt from Life Happens Blog to answer the question.
There is no way to know for certain if you will need long-term care at some point in your life. But it’s quite likely considering that people are living longer than ever.
The facts also point to the likelihood that you will someday need long-term care. Consider the following statistics from The U.S. Department of Health and Human Services¹:
- 69% of people will use long-term care services at some point.
- The average person needs long-term care for three years.
- Women need care longer (3.7 years) than men (2.2 years).
- 20% of today’s 65-year-olds will need long-term care for longer than five years.
Read the full article: Life Happens: Do I need Long-Term Care Insurance?