•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
•  

LONG TERM CARE AT A GLANCE

It has been projected the 31% of people turning 65 will never need long term care. Of those who do need long term care, 17% will only need it for one year or less. 12% will need care for 1-2 years, 20% will need care for 2-5 years and 20% will need care for more than 5 years.
Source: P. Kemper,H.l. Komisar and L. Alecxih, "Long-Term Care Over an Uncertain Future:What can Retirees Expect?"

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
•  

Estimated years of LTC needed after turning 65

For people 65 and over, 1.3 million people will receive long term care in a nursing home while 4.6 million will get it through a community. The numbers drop under the 65 year mark, where only 170,000 will get care through a nursing home rather than the 4.2 million through a community.
Source: Judith Feder, Harriet L. Komisar and Robert B. Friedland, "Long-term Care Dinancing:Policy Options for The Future,Georgetown University.

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
•  

Where people get LTC

Well the majority of the monetary burden falls to Medicaid $101.1 billion to be exact. Then as follows: Medicare:$42.2 billion, Recipients and their Families:$37.4 billion, Private Health and Long Tern Care Insurance:$14.9 billion, Other Private Funds: $5.6 billion and Other Public funds: $5.3 billion.
Source: National Spending for Long term Care; updated fact Sheet 2007, Georgetown University Long-Term Care Financing Project.

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
•  

Who pays for LTC?