8 Long-Term Care Facts & Fallacies You Need To Know...

• 70% — Percentage of people over the age of 65 who will end up needing long-term care at some point in their lives.
  
  
• 54% — Percentage of baby boomers who believe that Medicare covers long-term care.   IT DOESN'T!
  
  
• 3 Years — Average time frame women over the age of 65 require long-term care, twice as long as men.
  
  
• 75% — Percentage of nursing home patients who are women.
  
  
• 2x — The rate at which long-term care costs are rising faster than inflation.
  
  
• $247 — The average daily cost of daily care in a nursing home with a private room.
  
  
• $90,155 — The average annual cost of daily care in a nursing home with a private room.
  
  
• $270,465 — The average total cost for 3 years of daily care in a nursing home with a private room.