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MORE
THAN 7.5 MILLION PEOPLE IN THE U.S REQUIRE SOME FORM OF CARE
AT HOME.
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| IN
A 1999 SURVEY BY THE NATIONAL COUNCIL ON AGING AND THE JOHN HANCOCK
MUTUAL LIFE INSURANCE COMPANY, GENERATION X RESPONDENTS TENDED TO
KNOW MORE ABOUT LONG-TERM CARE THAN THOSE OLDER THAN 65.
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1
IN 5 AMERICANS OVER AGE 50 IS AT HIGH RISK OF NEEDING
LONG-TERM CARE IN THE NEXT 12 MONTHS.
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55%
OF THOSE ENTERING A NURSING HOME WILL STAY AT LEAST 1 YEAR, THE
AVERAGE STAY IS 2.5 YEARS.
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70%
OF SINGLE PEOPLE AND 50% OF COUPLES WITH ONE PARTNER REQUIRING
LONG-TERM CARE BECOME IMPOVERISHED WITHIN 1 YEAR.
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MANY
TIMES, THE COST OF HOME HEALTH CARE CAN EQUAL OR EXCEED THE COST OF
A NURSING HOME STAY.
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THE
AVERAGE COST OF A YEAR IN A NURSING HOME IS $38,000, BUT COSTS CAN
RANGE ANYWHERE FROM $38,000 TO $80,000.
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65%
OF AMERICANS HAVE A RELATIVE OR FRIEND THAT HAS NEEDED LONG-TERM
CARE, BUT ONLY 48% OF AMERICANS HAVE THOUGHT OF THE POSSIBILITY OF
REQUIRING LONG-TERM CARE.
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