The Facts of Long Term Care Insurance

  • Over 50% of all Americans will need long term care in their lifetime.
    SOURCE: (Americans for Long Term Care Security, August 1999)
  • For a couple turning 65, there is a 75% chance that one of them will need long term care.
    SOURCE: (The Wall Street Journal, June 2000)
  • Over 70% of people with Alzheimer's live at home and receive 75% of the assistance they need from family and friends.
    SOURCE: (Understanding Alzheimer's, Alzheimer's Association, 1999)
  • Of the 13 million Americans who received care in 2001, 40% were between the ages of 18 and 64. 
    SOURCE:(Americans for Long Term Security, Did You Know, July 2002)
  • It has been estimated that 80% of all people age 65 will need either nursing home, assisted living, home or community care during their lifetime.
    SOURCE: (Brooking/ICF Long Term Care Financial Model, 1995)
  • 60% of all Americans who reach age 65 may need long-term care at some point in their remaining lives.
    SOURCE: (The Looming Crisis, American Health Care Association, 2000)
  • 50% of employed caregivers gave up work either temporarily or permanently and about 30% experience mental health problems due to caregiving.
    SOURCE: (US Department of Labor, November 2000)

Charlie has been serving Tennessee and Kentucky since 1977 in the Financial Services field.
OFFICE:
148-A Volunteer Drive
Hendersonville, TN 37075
Cell Phone: (615) 604-8007
Office Phone:
(615) 431-2708
Email: Charlie@CharlieWeaver.com
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