Long term care need. Do you need to buy long-term care insurance?
The American Association for Long-Term Care Insurance strives to provide the most current and relevant information. If you have questions, please feel free to reach out to us.
Information may be used with proper citation (Data from the American Association for Long-Term Care Insurance, www.aaltci.org).
Click Here To Access 2021 Data & Statistics for Long-Term Care Insurance
Click Here To Access 2020 Data & Statistics for Long-Term Care Insurance
Click Here To Access 2019 Data & Statistics for Long-Term Care Insurance
Below Are Relevant Facts Regarding Long-Term Care Need
Click on the links below to 'jump' to the specific information.
New information will be added regularly.
- Need for Care - Disabilities Among Medicare Beneficiaries
- Lifetime risk of Alzheimer's Disease or dementia
- How Many Years People Survive After Alzheimer's Diagnosis
- Home Care Expenditures Growing (2019 Data)
- Nursing Home Costs Paid Out-of-Pocket By Individuals/Families (2019 Data)
Needs Among U.S. Medicare Population (65, Living at home
Almost 50 percent of Medicare beneficiaries living in the community (at home) report at least one disability (need for care). Not shown: hearing (17.1%). Seeing (8.2%).
Lifetime risk of Alzheimer's Disease or dementia
By mid‐century (2050), the number of Americans age 65 and older with Alzheimer's dementia may grow to 13.8 million. This represents a steep increase from the estimated 5.8 million Americans age 65 and older who have Alzheimer's dementia today.
How Many Years People Survive After Alzheimer's Diagnosis
Click the link to read the research on survival rate for men and women age bands 65-75, 75 to 85, 85 and older. Click this link to read more.
Home Care Expenditures Growing (2019 Data)
Aging Americans want to be cared for at home and expenditures are increasing each year. While Medicare covers a portion, $12.5 Billion is paid out of pocket.
Nursing Home Costs Paid Out-of-Pocket By Individuals/Families (2019 Data)
While Medicare and Medicaid (poverty program) still pay most of costs for nursing home stays, Americans are increasingly paying more out-of-pocket. That is a key reason to have somne long-term care insurance in place.
REPORTERS - EDITORS & BLOGGERS
If you would like additional information please call or email Jesse Slome, Executive Director of the American Association for Long-Term Care Insurance.
Phone: 818-597-3227
Click Here To Email Jesse Slome