Mar 12 2010
In his latest
Kaiser Health News column, Howard Gleckman writes: "Here's the problem: By the time we need long-term care services we often don't have readily available resources to pay for them. Only about seven million Americans have private long-term care insurance. And, on average, retirees have financial assets of less than $100,000—usually in the form of a 401(k) or other retirement plan. If a 65-year old turned that into steady monthly income, he'd get less than $600. That would pay for a home health aide for barely seven hours a week" (3/11).
Read entire column.
 This article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.
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