Adults Face Confusion and Worry About Long-Term Care Options

A recent KFF survey has highlighted significant confusion and anxiety among adults concerning long-term care and support. The findings reveal a troubling lack of communication among families regarding who will handle essential daily living activities and how these care needs will be funded. In addition, over 40% of respondents are uncertain about their financial ability to handle future long-term care costs, with anxiety particularly high among adults over 50. Despite the uncertainty, only a third of adults under 65 have saved for such needs, compared to about half of those aged 65 and older.

There is considerable misunderstanding about government support for long-term care; 41% of respondents incorrectly believe Medicare is the primary source of long-term care funding, whereas Medicaid actually provided $207 billion in 2021, significantly more than Medicare’s $92 billion. These misconceptions underscore the urgent need for enhanced educational efforts to better inform the public about long-term care financing and encourage proactive family discussions about future care plans.

To learn more about this topic, visit the Medicare Rights Centerarticle.

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