Cost of Care Overview
Research shows that at least 70 percent of people over 65 will need long term care services at some point in their lifetime.1 And while most people think of long term care as impacting only those in senior years, 40 percent of people currently receiving long term care services are ages 18 to 64.2
Research shows that at least 70 percent of people over 65 will need long term care services at some point in their lifetime.1 And while most people think of long term care as impacting only those in senior years, 40 percent of people currently receiving long term care services are ages 18 to 64.2
The Genworth 2013 Cost of Care Survey can help families evaluate options to address the increasing cost of long term care. For the tenth consecutive year, Genworth has surveyed the cost of long term care across the U.S. to help Americans appropriately plan for the potential cost of this type of care in their preferred location and setting. The most comprehensive study of its kind, Genworth’s 2013 Cost of Care Survey, conducted by CareScout®, covers nearly 15,300 long term care providers in 437 regions nationwide.