What are the Costs of Long-Term Care?
Many forecasts show that over 70 percent of people over the age of 65 will require long term care at some point in their lifetime. Long term care impacts people in a variety of ways, such as their peace of mind, independence, careers and overall financial stability.
Genworth’s Cost of Care Survey can help people evaluate options available to address the increasing costs of long term care. Genworth has surveyed long term care costs across the U.S. to help people understand and plan for the potential cost of Long Term Care. Genworth’s Cost of Care Survey is the industry’s most comprehensive study. The survey covered over 14,800 long term care providers in 440 regions nationwide.