Rethinking the need for long-term care insurance

TULSA: A study suggests that more people than previously thought will require long-term care at some point but that their need will last for a shorter period of time.

“Our study shows that the risks are high,” said the report writer. They are 44% for men and 58% for women. That is the bad news. The good news is that the average duration of stay for those who go into a rest home is less than previously estimated. [The study pegs this figure at 1.4 years for women and 0.9 years for men, well below the 2 years for women and 1.3 years for men reported in an earlier study]…

Full story covered in the Seniors Housing & Healthcare Trends.

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