The demand for long-term care (LTC) in the U.S. is projected to rise significantly as the population ages, with nearly 70% of Americans over 65 expected to require some form of it. Currently, fewer than 8% of Americans have long-term care insurance, which is essential since traditional health insurance and Medicare do not cover LTC costs, often leading to reliance on Medicaid. To mitigate these costs, it is advisable to purchase long-term care insurance in one's 50s or 60s, as earlier purchase results in lower premiums.

1. U N D E R S T A N D I N G
L o n g -Te r m C a r e
With more people in America living longer, the demand for long-term care is
expected to rise dramatically in the coming years. Here are some key facts on
a little-known aspect of End-of-Life planning.
Who has Long-Term Care Insurance?
Fewer than 8% of Americans
Who is Most Likely to Need LTC? 19
Number of Americans 85 and older:
8.7
Who will Need it?
Who Covers Long-Term Care Costs?
Many think general health insurance or Medicare
covers it. Reality is neither covers traditional care.
of long-term care is paid by Medicaid...
but to qualify you must spend-down your savings.
S O L U T I O N :
Buy Long-Term Care Insurance
Long-term care
insurance
Long-term care
costs
Buy early, in your
50s or 60s.
The younger you
are, the less
expensive it will be.
costs
$3,000
$1,000
to to
$7,000
$2,000
a mont h a year
Simplifying End-of-Life Management
66%
2010 2030 2050
5.5
.
Nearly 70% of Americans over 65
will require some form of it
• 5.5 mil lion in 2010
• 8.7 mil lion in 2030
• 19 mil lion by 2050
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