Long-Term Care Survey Targets Female Baby Boomers—With Surprising Results
A recent article by Helen W. Brown discusses some very interesting results of a survey conducted by AARP about female Baby Boomers and their long-term care (LTC) planning.
According to Brown, past research has consistently shown that it is challenging to make people proactive about LTC plans. It is also generally thought that this is especially true of Baby Boomers because this group has historically resisted traditional aging perceptions. Brown explained, “A common belief is that they will live in a society in which prevailing attitudes, demography, economics, and medical advances have made the prospect of growing old in America one that contains previously un-dreamt-of choices of managing chronic illnesses and remaining active and involved in life. This mindset could lead Boomers to believe that they will never have a need for LTC.”
The question was raised whether this was equally true for both male and female Baby Boomers, or if attitudes about LTC planning significantly varied along gender lines. In late September 2008, AARP commissioned an online survey with a nationally representative panel of Boomer women.
These were some of the key findings of that study:
• More than half of the Boomer women (53%) have not had any experience with caregiving.
• Over one-third (36%) had provided care or are currently providing care for an aging relative.
• Those who have been caregivers are twice as likely to have some kind of LTC plan (16%) as those who have not (8%).
• More than half of respondents (56%) indicated that they did not have any type of LTC plan.
• Most often, the trusted source of information that Boomer women turn to when making plans for their future health needs or financial security, falls into the category of family and friends (83%).
• When asked to rank the factors that would most influence them to make and implement an LTC plan, the number one factor was observing the LTC experience of a friend or family member—followed by understanding clearly the available options and then fear of what will happen if no action is taken.
• More than two-thirds of respondents (65%) indicated they cannot afford the cost associated with LTC planning.
Additionally, a significant number of Boomer women were unaware that Medicare does not cover LTC. In fact, over a quarter of respondents (29%) said they are counting on Medicare to pay for their LTC service needs.
AARP contracted Knowledge Networks, Inc. to conduct this survey during September 3-16, 2008. With a nationally representative panel of 2,898 women aged 50-62, the survey also included over-samples of African American and Hispanic women.
It is never too early to start thinking about and planning for your LTC. Remodeling companies like Home Evolutions can help Baby Boomers and others prepare themselves for their future aging-in-place needs. This can allow you to remain living comfortably, safely, and independently at home for as long as possible. Contact us today for an assessment.
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