The University of Michigan’s Institute for Healthcare Policy and Innovation (Ann Arbor, Mich.) released the results of its latest National Poll on Healthy Aging, which suggests that American adults ages 50+ are unprepared to address any long-term care needs in the future.
In the survey, conducted in August 2024 and published in May, only 43 percent of respondents said they think it is likely they will need long-term care in the future; 48 percent said they do not know how to plan for their long-term care needs; and 62 percent said they expect Medicare will pay for their care if they need to permanently move into a senior living community.
In all, 45 percent of the respondents said their need for long-term care seems too far off to make plans for it.
Read more about the survey’s findings here.