Tuesday, October 23, 2007

 

Americans Flunk Long-Term Care Quiz

Most Americans have a good understanding of their risk of eventually needing long-term care (LTC), but wildly underestimate the cost while overestimating Medicare's role in paying for it. A survey of 959 people ages 21 to 75 released today found that most Americans lack the basic information necessary to insure that they and their families will be able to get good care, if the need arises. This survey is part of a national educational effort launched by John Hancock Life Insurance Company (Hancock). A majority of respondents failed the 14-question quiz on LTC basics, with most answering only six correctly.

Americans Flunk Long-Term Care Quiz
Source: PR Newswire

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