5 Thought-Provoking Long Term Care Statistics
By Wayne Van. Founder and Owner of The Van Group, LLC
Helping families plan with their Long-Term Care protections needs since 1997
The Van Group has helped 1000’s of people in LA, MS and AR protect themselves and their families from the high cost of long term care. Today, there are more affordable options available to our clients than ever before. Don’t go to an agency that “sells” long term care insurance but find one who specializes in all different types of long term care protection and speak to an expert who can tailor you a plan to fit your needs and your budget.
"For a couple turning 65, there is a 70% chance that one of them will need long-term care."
"60% of people currently over 75 need long term care. The average facility stay for older folks is about 3 years."
"97% of people over age 85 require assistance in the last year of life."
"Over 50% of all people entering a care situation are penniless within one year."
"Singles are at risk, because they're usually not with someone who can properly care for them. The same is true for wives who tend to outlast their husbands by seven year average."