Planning for Long-Term Care
Long-term care can be expensive, and at least 70% of people over 65 will use long term care services at some point in their lives. A long-term care insurance policy can be a practical and affordable way to help cover the high costs of long term care services.
What is Long-Term Care?
Long-term care includes a range of medical and support services for people needing assistance with activities of daily living such as bathing, dressing, and eating. Long-term care services may be performed at home, an assisted living facility, or nursing home.
Who uses Long-Term Care?
The older you are, the more likely you will need long-term care. About 70% of people over 65 will need some type of long-term care during the remaining of their life. Women are more likely to use long-term care than men, and women will also use care longer (3.7 years) than men (2.2 years) on average. Health status and family history are other factors affecting the likelihood of someone needing long-term care.
What does Long-Term Care cost in WA State?
The following costs are calculated using survey data and cost indices published by the U.S. Department of Labor Bureau of Labor Statistics.