...Long Term Care Insurance...

"For a couple turning 65, there is a 70% chance that one of them will need long-term care." - Wall Street Journal

"60% of people over 75 need long term care. The average facility stay for older folks is about 3 years." - Business Week

"97% of people over age 85 require assistance in the last year of life." - The LTC Report

"Over 50% of all people entering a care situation are penniless within one year." - Harvard University

"Tax breaks for premiums highlight Washington's firm support of private insurance." - U.S. Center for Disease Control

"By 2018, a private room will cost over $500/day ($188,000/year)." - LTCIP Academy

"Singles are at risk, because they're usually not with someone who can properly care for them. The same is true for wives who tend to oulast their husbands by seven year average." - JB Quinn