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Poll Shows Voters Want Long Term Care Included in Presidential Candidates' Healthcare Proposals, Released at 2007 National Long Term Care Symposium
Date:10/11/2007

a form of long term care at some point," said Buck Stinson, president of Genworth Financial's long term care insurance division. "With the first of the 78 million baby boomers turning 62 next year, we need to be both realistic and prepared for the healthcare demands many of these Americans will have, which is precisely why the discussion we're having today is so important."

According to the new bi-partisan national survey conducted by Public Opinion Strategies (POS) and The Mellman Group -- and presented by Glen Bolger of POS and Mark Mellman of the Mellman Group -- nearly seven in ten Americans have not made any plans for their own, a spouse's or another relative's long term care needs. Yet, over half those surveyed have had a loved one who needed some form of long term care. The poll also found that close to 80 percent of the respondents want to see long term care included in the healthcare proposals offered by the presidential candidates. More than 80 percent of those surveyed also said that positions on long term care funding will be an important factor in deciding who to vote for in the 2008 election.

The polling also showed that Americans are willing to bear part of the responsibility to develop a national long term care program, whether through tax incentives for the purchase of private long term care insurance or through a universal healthcare initiative that include long term care coverage. Sixty percent of voters surveyed supported new taxes or payroll deductions to subsidize a long term care program. Sixty-eight percent of those who supported new taxes or payroll deductions also indicated a willingness to pay between $25 monthly and upwards of $50 per month.

The release of the new publication -- The Future of Long Term Care in America: Views and Recommendations by Prominent Experts -- was a focal point of today's symposium. Genworth Financial published the book to inform policymakers, academics, financial advisors and consumers about the
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SOURCE Genworth Financial, Inc.
Copyright©2007 PR Newswire.
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