Tag: long-term care
Abstract The marked increase in male longevity and the shrinking gap in male-female life expectancy in recent decades should improve the financial outcomes of older women, but this improvement may be dampened if the growth in medical spending and the incidence of disability translates to living husbands burdening the family’s budget. Using the Health and…
The brief’s key findings are: Long-term care is expensive, but only 13 percent of single individuals over 65 have long-term care insurance. Previous models of care usage appear to understate the risk of going into care and overstate the duration of care for those who require it. If long-term care is a more likely, but…
