Americans Expecting Family and Friends, Not Savings or Insurance, to Provide for Their Long-Term Care Needs

Mom's tender loving care may be a comforting thought when you're sick for a few days, but would your mindset change if you needed help for several years instead? Apparently not, according to a new survey by the Life and Health Insurance Foundation for Education (LIFE). Nearly four in ten Americans say they would turn to family and friends if they were ever to need long-term care services, compared to relatively few who say they plan to rely on insurance or private savings.

Americans Expecting Family and Friends, Not Savings or Insurance, to Provide for Their Long-Term Care Needs
Source: PR Newswire