American Association for Long-Term Care Insurance (www.AALTCI.org) and Homewatch CareGivers, the largest, most experienced international provider of home care for people of all ages (www.HomewatchCareGivers.com), teamed up to conduct a study examining trends in long-term health care and the utilization of associated support services. Among the conclusions of the study is the dramatic growth of people receiving support care at home and the significantly greater percentage of those with long-term care insurance who are able to receive home-based care and stay in the their homes longer.
According to the American Association for Long-Term Care Insurance, approximately 7.5 million individuals currently receive long-term care at home because of an acute illness, long-term health condition, a permanent disability, or terminal illness. That compares to only 1.5 million in nursing homes and 1.1 million in assisted-living facilities who receive similar care for the same types of conditions. That means nearly three times more people are receiving care at home rather than in a residential facility.
"Most people incorrectly associate long-term health care with skilled nursing care in a facility when the vast majority of care takes place at home," explains Jesse Slome, Executive Director of the American Association for Long-Term Care Insurance. “It is clear that the people in today’s society prefer treatment for chronic conditions and issues related to aging in their own home rather than in a residential facility.”
"When possible, home is almost always the preferred setting for people who require care," says Leann Reynolds, president of Homewatch CareGivers. “This has been a clear and growing trend for more than a decade, as more and better home services have become available. The vast majority of people want to receive support care in their homes in order to maintain independence and quality of life for as long as possible.”
One aspect of the study sought to compare individuals with long-term care insurance policies with those without insurance coverage. According to the American Association for Long-Term Care Insurance, 8.25 million individuals presently have coverage and more than 180,000 policyholders are currently receiving benefits. The study clearly indicated that individuals with long-term care insurance receive significantly more home care, and thus can stay in their homes longer. The difference between the insured and uninsured is significant: 70.6% of those covered received an average of between five and seven days of care each week, while only 35.1% of those without insurance received similar care as often.