This document provides an overview of senior health issues related to long-term care insurance. It defines long-term care and different levels of care, explains how long-term care insurance policies work including benefits, options, and consumer protections. It discusses who is likely to need long-term care based on age and health factors, and options for paying for care including Medicaid, selling one's home, life insurance policies, and continuing care retirement communities.

1. Senior Health Issues Long Term Care Insurance

5. Activities of Daily Living Bathing Dressing Eating Using the toilet Transferring Continence Activities of Daily Living (ADLs) Instrumental Activities of Daily Living (IADLs) Cognitive Impairment : loss in intellectual capacity Grocery shopping Laundry Preparing meals Housework Managing medication Transportation

7. LTC Settings: Formal Care Adult Day Care Nursing Home Assisted Living Continuing Care Retirement Community Skilled Care Personal Care Instrumental Activities of Daily Living Assistance Home Care Residential Care Community Based Care

8. How do Long-Term Care Insurance Policies Work?

29. Who may need Long-Term Care?

31. Lifetime Risk of Needing LTC Sources: Long-Term Care Insurance, Baby Boom or Bust? Conning & Company, 1999. B.C. Spillman and J. Lubitz, 2002. Risk for needing LTC is 60 percent Risk for needing nursing home care is 43 percent

32. Risk of Needing LTC by Age (during a 12-month period) Source: Urban Institute, Long-Term Care: Consumers, Providers, and Financing . 2001.

33. Risk of Needing Nursing Home Care by Age (during a 12-month period) 1% 5% 23% 0% 5% 10% 15% 20% 25% Age 65 to 74 Age 75 to 84 Age 85 and older Source: Urban Institute, Long-Term Care: Consumers, Providers, and Financing . 2001.

39. Why People Buy Long-term Care Insurance Source: HIAA and Long Term Care Group, 2002.

56. Questions