Only 11 percent of adults aged 65 or older have private, long-term care insurance, according to an Urban Institute analysis of Health and Retirement Study data. Even among older Americans with a net worth of $1 million or more, only 25 percent have insurance...
People aged 65-plus with private, long-term care insurance by net worth
Less than $50,000: 3%
$50,000 to $99,999: 4%
$100,000 to $499,999: 8%
$500,000 to $999,999: 20%
$1,000,000 or more: 25%
Source: Urban Institute, Who Is Covered by Private Long-Term Care Insurance?
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