Navigation Links
Generation-X Feels Unprepared for Long-Term Care Costs and the Future, Survey Finds
Date:2/11/2009

WASHINGTON, Feb. 11 /PRNewswire-USNewswire/ -- Many members of Generation-X say they feel unprepared for long-term care and do not feel they are taking the necessary steps to prepare for their futures, according to a survey released today by America's Health Insurance Plans (AHIP). The survey, conducted by StrategyOne on behalf of AHIP, found that over half (52 percent) of respondents born between 1960 and 1980 feel somewhat or entirely unprepared for long-term care. They also place more immediate financial concerns ahead of affording long-term care, with 44 percent of respondents ranking the need to save for retirement as their first or second priority.

"As the first group of Generation-X approaches age 50, they begin to think about financial planning for retirement," said AHIP President and CEO Karen Ignagni. "Preserving their financial independence is crucial to members of this generation, and few things can wipe out a lifetime of savings as quickly as the need for long-term care. As you go through your financial planning checklist for mid-life, it is important to consider your long-term care needs when planning for the future and protecting your hard-earned assets."

When looking ahead to the future, many survey respondents correctly believe their chances of needing long-term care services are high, with 68 percent saying they feel it is likely they will need this type of care in the future. About 70 percent of adults who reach age 65 will need some type of long-term care. Yet many are unaware that long-term care insurance can protect their retirement nest eggs and other assets, with 53 percent of respondents saying they are not very or not at all knowledgeable of this coverage.

Generation-X understands the value of planning for their financial futures, but many underestimate the cost of long-term care, with half of respondents estimating the average annual nursing home stay is between $20,000 and 60,000
'/>"/>

SOURCE America's Health Insurance Plans
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Most Baby Boomers are Financially Unprepared for a Potential Disability
2. Health Care Work Force Too Small, Unprepared for Aging Baby Boomers; Higher Pay, More Training, and Changes in Care Delivery Needed to Avert Crisis
3. Long-Term Aspirin Use Seems to Protect Against Colorectal Lesions
4. Sound Inpatient Physicians Expands to Long-Term Acute Care Facilities
5. Raising the Quality of Long-Term Care for Seniors
6. Clostridium difficile Infection in Long-Term Care: Tailored Approaches to Management
7. WellPoint to Reduce Operating Expenses for Continued Long-Term Success
8. Study shows surgery provides good long-term outcomes for patients with gastrointestinal cancers
9. SEIU Decision to Force Transfer of Long-Term Care Members Out of United Healthcare Workers Delayed
10. Economic Downturn Impacting Womens Ability to Plan for Long-Term Care Costs, New Survey Finds
11. Long-Term Care Industry Braces for Implementation of MDS 3.0: HCPro Responds with MDSonlineCentral.com
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/28/2015)... "Necrorun" was featured on NewsWatch as part of its ... and coolest applications on the market for iOS, Android, ... technology expert, conducted the app review and shared with ... with knights, nature, and peasants. , The first ... Eurogamer. The popularity of these games grew over the ...
(Date:3/28/2015)... York, New York (PRWEB) March 28, 2015 ... http://www.vaginalmeshlawsuit2015.com/ ) involving devices manufactured by C.R. Bard, ... litigation underway in U.S. District Court, Southern District ... S. Grand, is serving on the Plaintiffs’ Steering ... 24th, the Court has granted certain defendants named ...
(Date:3/28/2015)... India Network visitor health insurance ... to all visitors who purchase the plan before arrival ... encouraged to purchase the insurance program as soon as ... coverage for pre-existing medical conditions. Parents and grandparents traveling ... conditions with serious consequences to their health. Many visitors ...
(Date:3/28/2015)... Las Vegas, NV (PRWEB) March 28, 2015 ... correlate with a history of shoulder and elbow injuries, according ... for Sports Medicine’s ( AOSSM ) Specialty Day. , “Our ... associated with a 20% increase in likelihood of a history ... is associated with a 12% increase likelihood of a history ...
(Date:3/28/2015)... 2015 Delaying rotator cuff surgery on ... to research presented today at the American Orthopaedic Society ... “Our study compared results for 170 patients who received ... glenohumeral joint capsule release procedure to relieve stiffness at ... lead author from St. George Hospital in Sydney, Australia. ...
Breaking Medicine News(10 mins):Health News:A Grim Endless Runner Game Was Featured on NewsWatch Television on January 30, 2015 2Health News:Federal C.R. Bard Vaginal Mesh Lawsuits Move Forward, As Court Grants Defense Motion to Amend Responses to Master Complaint 2Health News:Federal C.R. Bard Vaginal Mesh Lawsuits Move Forward, As Court Grants Defense Motion to Amend Responses to Master Complaint 3Health News:Federal C.R. Bard Vaginal Mesh Lawsuits Move Forward, As Court Grants Defense Motion to Amend Responses to Master Complaint 4Health News:India Network Health Insurance Today Announces New Eligibility Criteria for Pre-existing Condition Health Insurance Coverage for Visitors to the United States 2Health News:India Network Health Insurance Today Announces New Eligibility Criteria for Pre-existing Condition Health Insurance Coverage for Visitors to the United States 3Health News:Researchers Highlight Shoulder and Elbow Injury Possibility in Youth Players 2Health News:No Need to Delay Rotator Cuff Surgery, Study Shows 2
... must plan for the possibility that crucial infrastructure such ... of an //influenza pandemic, biosecurity and health specialists have ... of Australia. ,In a special influenza ... the National Centre for Immunisation Research and Surveillance of ...
... need better resources and support to care for patients ... // ,In an editorial for the ... practice and family health specialists have outlined new international ... which partner violence is occurring. ,Over ...
... recent survey conducted in Australia shows that majority of Australians ... of cancers affecting the lymphatic system is termed as lymphomas. ... to sieve out bacteria and aids to fight ... cancer that afflicts more women than cervical or ovarian cancer ...
... research from UT Southwester Medical Center, children who were treated ... for strokes later in life. // ,In addition, childhood ... to kill the cancer showed even greater risk of stroke ... the Nov. 20 issue of the Journal of Clinical Oncology ...
... Traditionally, mothers across the world vehemently oppose wastage of ... third world countries have children who are starving. //However ... reports about Canadians who take the effort to make ... food on their bodies as well. Trendy and fashionable ...
... Dengue Vaccine Initiative (PDVI), a program of the International ... today their partnership to help develop and make a ... Dengue fever, the second most widespread tropical disease after ... which over 2 billion people are exposed and which ...
Cached Medicine News:Health News:Pandemic Planning for Hospitals 2Health News:Tackling Violence in Families 2Health News:Childhood Survivors Of Brain Tumors More At Risk For Strokes Later In Life 2Health News:Childhood Survivors Of Brain Tumors More At Risk For Strokes Later In Life 3Health News:Tasty Cosmetic Recipes to flavor your day 2Health News:Pediatric Dengue Vaccine Initiative and Hawaii Biotech Partner Against Dengue Fever 2
(Date:3/27/2015)... 27, 2015  Holographic Optical Technologies of ... holographic medical imaging, is entering the world of consumer ... on April 20 th , 2015, the campaign will ... 8-inch and 22-inch displays will allow consumers to view ... time. In addition to the two displays, the company ...
(Date:3/27/2015)... 27, 2015 A new report from Kalorama Information ... – Chile , Colombia ... targets for IVD firms.  The healthcare research firm said that ... strategies for the Latin American continent with a population of ... supply operations. However, the country,s regional economic clout does not ...
(Date:3/27/2015)... , March 27, 2015 Report ... for leading ophthalmic drug companies  What does ... pharma ophthalmic industry ? Visiongain,s brand new report shows ... and prospects there. Our 242-page report provides ... areas in the industry and the future market prospects. ...
Breaking Medicine Technology:Holographic Optical Technologies brings cutting-edge holograms to consumer market through upcoming Kickstarter campaign 2Holographic Optical Technologies brings cutting-edge holograms to consumer market through upcoming Kickstarter campaign 3Kalorama: Beyond Brazil, Latin American IVD Market Grows 2Kalorama: Beyond Brazil, Latin American IVD Market Grows 3Kalorama: Beyond Brazil, Latin American IVD Market Grows 4Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 2Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 3Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 4Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 5Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 6Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 7
... 8 Biopharmaceutical Company Kiadis Pharma announced today that ... application with the US Food and Drug Administration (FDA) to ... in the United States .  Kiadis Pharma is ... hospitals in Europe and Canada .  With ...
... ANNAPOLIS, Md. , July 8 ... company developing medical countermeasures against biological and chemical threats, ... in its lyophilized recombinant Protective Antigen (rPA) anthrax vaccine ... lyophilized rPA vaccine candidate is structurally stable and potent ...
Cached Medicine Technology:Kiadis Pharma Receives IND Approval From FDA to Start Pivotal Clinical Trial With ATIR(TM) in the United States 2Kiadis Pharma Receives IND Approval From FDA to Start Pivotal Clinical Trial With ATIR(TM) in the United States 3PharmAthene Develops Thermostable Lyophilized rPA Anthrax Vaccine Under a Challenge Grant From the National Institutes of Health 2PharmAthene Develops Thermostable Lyophilized rPA Anthrax Vaccine Under a Challenge Grant From the National Institutes of Health 3PharmAthene Develops Thermostable Lyophilized rPA Anthrax Vaccine Under a Challenge Grant From the National Institutes of Health 4PharmAthene Develops Thermostable Lyophilized rPA Anthrax Vaccine Under a Challenge Grant From the National Institutes of Health 5
... The Surgifoam* absorbable gelatin sponge, ... porcine gelatin absorbable sponge intended for ... bleeding surface. The sponge is off-white ... and speed to hemostasis, highly favorable ...
9 mm diameter pigtail curved blunt probes. Stainless steel. Round knurled handle with polished finish. Includes pre-cut polyethylene tubes. Overall length: 5.9 inches....
The Novus 2000 argon laser combines power, size, and versatility. Ideal for the office, clinic and operating room environments, Novus 2000 is the world's most widely accepted ophthalmic laser....
Practice-oriented ophthalmic laser systems for photodisruption....
Medicine Products: