DUNN INSURANCE SERVICES LLC

NAIC Partnership Certified - Long-Term Care Specialists Since 1993



CLTC

Chances of needing long-term care.

You work-out, take care of your health, but did you know that 5 million Americans who receive long-term care benefits are under the age of 65?

What are my chances of needing long-term care?

You have about a one in 80 chance of ever using your homeowner's insurance, and a one in 40 chance of using your automobile insurance, but you have about a 60 percent chance that you're going to be in a nursing home after age 65.

Source: National Underwriter, May 10, 1999
 
This year (2008) about nine million people over the age of 65 will need long-term care services. By 2020, that number will increase to 12 million.
Source: U.S. Department of Health and Human Services, October, 2008
Chances of needing long-term care
More than 70% of Americans will need some form of long-term care either home care, assisted living, or nursing home care at some point in their lives.

Approximately 40 % of the 13 million Americans receiving long-term care benefits are between the ages of 18 and 65.
Source: U.S. Department of Health and Human Services, October, 2008
 

About 70 percent of all Americans will need long-term care at some point in their lives.

Source: U.S. Department of Health and Human Services, August, 2008
 
Three out of four people over 65 will require care at home.
Source: "Guide to Long-Term Health Care," HIAA, December, 1999
 
For a couple turning 65, there is a 75% chance that one of them will need long-term care.
Source: Wall Street Journal, 2000

 


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