The nearly 1 million aging Americans who reside in assisted living facilities saw an overall 5% increase in average monthly costs last year, according to the 2012 American Association for Long-Term Care Insurance (AALTCI) Sourcebook. As an average monthly cost of $3,350 was reported, AALTCI reports that claims for nursing home care account for less than […]
American Association for Long Term Care Insurance
Women receiving home care accounted for 32% of new long-term insurance claims in 2011 and continue to be the majority beneficiaries of all long-term care insurance plans, according to the American Association for Long-Term Care Insurance (AALTCI). In addition to using long-term care more frequently than men, according to AARP’s Public Policy Institute (PPI), women […]
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