Considerations Guide: The Long-Term Care Market

According to the U.S. Census, in 2020, 56.1 million people were over the age of 65. Further, about 70% of those people will need long-term care (LTC) services in their lives. The unfortunate part is that many of them may not have the financial means for those expenses without wiping out their entire lifetime savings.

The unfortunate part is that many of them may not have the financial means for those expenses without wiping out their entire lifetime savings.

The growth of the LTC services market exceeds the ability of government-sponsored programs (i.e., Medicare and Medicaid) to adequately provide services and support for those who need it.

Several states across the country are taking action, or considering actions, that would result in legislation around new taxes to pay for a LTC-specific benefits program.



What can your organization do to protect your employees’ wellbeing when it comes to LTC?

Find out in this complimentary report. Inside you’ll find answers to the following questions:

• What does long-term care mean?
• Why is there heightened awareness of long-term care?
• What legislation should I have on my radar?
• Why is long-term care top of mind right now, and what is the impact to the future of care?
• What do long-term care costs look like now and in the future?
• How well are people prepared for long-term care, should they need it?
• What should employers do today to prepare for long-term care legislation?
• What are the advantages of hybrid life/long-term care plans, and how do they work?

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