Long-Term Care Statistics Can Be Misleading

A recent national newspaper article shared alarming statistics on the cost and probability of long-term care. The information was gleaned from a reliable Website and contained data provided by an insurance agent (thus including an inherent bias), and outlined these facts: one out of every two Americans will need long-term care and more than 40 percent of Americans will need some type of nursing home care. In reality, these numbers are misleading and not as burdensome as some may have the public believe.