Thursday, June 7, 2012

Long-Term Care - A Women's Issue

It is often said that long-term care effects women twice - first when they are caring for their spouse/partner and second when they become the recipients of long-term care. Long-term care is in fact a women's issue.

-60% of long-term care insurance policies are owned by women, which this is a good thing! This is a good indicator that women are aware of risk of them needing care.
-80.6 years is the life expectancy of women, versus 75.2 for men.  (Source: Center for Disease Control,
 2011)
-Over 1 million women live in nursing homes, versus men only make up 400,000 nursing home residents. (Source: Dept. of Health and Human Services 2008)

Since women spend most of their lives taking care of others it makes sense to make sure they are protected and cared for when they need it most. Long-term care insurance planning will help women keep their independence, provide them with a caregiver, and protect their assets. To learn more about women's issues visit www.awomensissue.com.

11 comments:

  1. I would completely agree that care giving is mostly women's issue, unfortunately and most of us take care of others but ourselves. Unfortunately women often fail not only to insure themselves, but to set up retirement account. There are a lot of financial companies serving Americans and we should be careful and take every chance to secure our future.

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