Medicare :: Long term care

http//www.govre produce.org/wws201.pdf Where we Stand? Personal Retire ment Accounts The Opportunity to Choose and Control our future day February 2001working ratio 21 by 2030http//www.keyto alimony.com/pay_for_it.htm Long confines Health CareAre you likely to need long-term care?This year about seven billion men and women over the come along of 65 will need long-term care. By the year 2005, the subroutine will increase to nine million. By the year 2020, 12 million senior(a) Americans will need long-term care. Most will be cared for at home family members and friends are the sole caregivers for 70 percent of fourth-year people. only when a study by the U.S. Department of Health and gentleman Services indicates that people of age 65 face at least(prenominal) a 40 percent lifetime risk of come in a nursing home. About 10 percent will stay at that place five years or longer. The American population is growing older, and the classify over age 85 is now the fastest-growing s egment of the population. The odds of entering a nursing home, and staying for longer periods, increase with age. In fact, statistics show that at any given time, 22 percent of those age 85 and older are in a nursing home. Because women generally outlive men by several years, they face a 50 percent greater likelihood than men of entering a nursing home after(prenominal) age 65. You may never need a nursing home. But the longer you live, the greater the chance that you will need some form of long-term care.Copyright 2000 Health Insurance Association of America http//www.aarp.org/confacts/ health/privltc.htmlWhat you should know about Long Term Health CareShould I buy long-term care insurance?