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