The Cost of Long Term Care
Forecasts show that over 70 percent of people over 65 will require long term care services and support at some point in their lifetime. Long term care impacts people and families 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 long term care costs. Genworth has surveyed long term care costs in Illinois and 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. Survey findings are listed below.