Long-Term Care Awareness and Planning: What Do Americans Want?. LTSS Knowledge and Experience

07/30/2015


Longevity Risk and Nursing Home Use Expectations

Longevity Risk and Nursing Home Use Expectations

Source: RTI International Analysis of the 2014 Survey of Long-Term Care Planning and Awareness.


Currently providing LTC To family member/friend

Currently providing LTC To family member/friend

Have you or has someone you know ever:
required LTC because of a disability or illness? 52.8%
received paid in-home care for ADLs? 31.3%
been a resident in a nursing home/assisted living facility? 44.2%

Source: RTI International Analysis of the 2014 Survey of Long-Term Care Planning and Awareness.


Knowledge of LTC Services and Costs

Knowledge of LTC % Correct
Source: RTI International Analysis of the 2014 Survey of Long-Term Care Planning and Awareness.
Cost of 1 month of nursing home care 20.2
Cost of 1 hour of home health aide care 15.3
Medicaid is primary government LTC payer 25.3
Average nursing home LOS < 5 years 34.9

Knowledge of LTC Insurance

  • Familiarity with LTC Insurance Policies
    • LTC insurance premiums increase with age: 66.7% Correct
    • Good health is generally required to purchase LTC insurance policy: 41% Correct

Source: RTI International Analysis of the 2014 Survey of Long-Term Care Planning and Awareness.

 


LTSS/LTCI Knowledge by LTSS Experience

LTSS/LTCI Knowledge by LTSS Experience

Source: RTI International Analysis of the 2014 Survey of Long-Term Care Planning and Awareness.


Longevity/Nursing Home Use Risk and LTCI Ownership by LTSS Experience

Longevity/Nursing Home Use Risk and LTCI Ownership by LTSS Experience

Source: RTI International Analysis of the 2014 Survey of Long-Term Care Planning and Awareness.


 

View full report

Preview
Download

"Awareness.pdf" (pdf, 1.1Mb)

Note: Documents in PDF format require the Adobe Acrobat Reader®. If you experience problems with PDF documents, please download the latest version of the Reader®