Home Health Care
2017:
2033:
Community Care
2017:
2033:
Nursing Home
2017:
2033:
51%

More than half of all long-term care services are provided in the home.2

2. American Association of Long Term Care Insurance - AALTCI Sourcebook 2015-2016.
3. The State of Long-term Care Insurance: The Market, Challenges and Future Innovation, CIRP Study, May 2016.

2½
YEARS

Once admitted, the average length of stay in the United States is 2 ½ years. 2

2. American Association of Long Term Care Insurance - AALTCI Sourcebook 2015-2016.
3. The State of Long-term Care Insurance: The Market, Challenges and Future Innovation, CIRP Study, May 2016.

5
YEARS

LTC claims are growing in length- 15% of claims last over 5 years.3

2. American Association of Long Term Care Insurance - AALTCI Sourcebook 2015-2016.
3. The State of Long-term Care Insurance: The Market, Challenges and Future Innovation, CIRP Study, May 2016.

2017
2053

Long-term care provided in your home or in a facility can be very expensive.4

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The hidden costs

of long-term care for men and women.

  • Women live an average of five years longer than men.5
  • Women who provide unpaid care lose an average of $565K in income and retirement benefits over their lifetime.6
  • 75% of unpaid caregivers are women.7
  • 40% of seniors caring for spouse will pre-decease the spouse they are caring for.8
  • Family caregivers are well intentioned, but ill prepared. The loved one whom they care for may get less quality care.9

Women are affected the most
Women are affected the most by the impacts that long-term care can have on a family.10

Men are not off the hook
Men feel the impact as much as women when it comes to financially preparing for future health care. There are costs regardless of which partner fails to plan. And both are equally affected by the financial and emotional burden.

4. Genworth Financial, Cost of Care Survey, 2015.
5. Long Term Care Associates, "LTC is a Women’s Issue… or is It?", Stephan D. Forman, 4/20/16
6. A Woman’s Guide to Long-Term Care Insurance Planning, aaltci.org
7. American Association of Long Term Care Insurance, AALTCI Sourcebook, 2015-2016.
8. Ron Kaufamn, "How do I handle the strain of being a caregiver?" Caring.com, October 2016
9. The State of Long-Term Care: The Market, Challenges and Future Innovations, CIPR Study, May 2016.
10. Caregiving in the U.S. 2015, AARP Public Policy Institute