In the United States, over half of surveyed adults had cut back on spending on food, clothing, or other basic household items as a consequence of long-term care services used in the past two years. This was among adults who themselves were a resident, received care from paid nurses or aides, or a loved one was a resident, received care from paid nurses or aides and respondent contributed to the cost of care; or respondent personally provided care. Four percent even said this led to them declaring personal bankruptcy. In 2023, the cost of long-term care facilities ranged from 64 thousand to 116 thousand U.S. dollars.
Share of U.S. adults who reported financial consequences of providing or paying for long-term care they or a loved one received as of 2022
Original question: "As a result of providing or paying for long-term care and/or support services for yourself or your loved one, have you experienced each of the following? "
Based on those who themselves were a resident, received care from paid nurses or aides, or a loved one was a resident, received care from paid nurses or aides and respondent contributed to cost of care; or respondent personally provided care.
Long-term care facilities were described to respondents as a nursing home, assisted living facility or other LTC facility for people who need ongoing support with daily activities.
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KFF. (November 13, 2023). Share of U.S. adults who reported financial consequences of providing or paying for long-term care they or a loved one received as of 2022 [Graph]. In Statista. Retrieved October 19, 2024, from https://www.statista.com/statistics/1498648/financial-consequences-of-long-term-care-us/
KFF. "Share of U.S. adults who reported financial consequences of providing or paying for long-term care they or a loved one received as of 2022." Chart. November 13, 2023. Statista. Accessed October 19, 2024. https://www.statista.com/statistics/1498648/financial-consequences-of-long-term-care-us/
KFF. (2023). Share of U.S. adults who reported financial consequences of providing or paying for long-term care they or a loved one received as of 2022. Statista. Statista Inc.. Accessed: October 19, 2024. https://www.statista.com/statistics/1498648/financial-consequences-of-long-term-care-us/
KFF. "Share of U.S. Adults Who Reported Financial Consequences of Providing or Paying for Long-term Care They or a Loved One Received as of 2022." Statista, Statista Inc., 13 Nov 2023, https://www.statista.com/statistics/1498648/financial-consequences-of-long-term-care-us/
KFF, Share of U.S. adults who reported financial consequences of providing or paying for long-term care they or a loved one received as of 2022 Statista, https://www.statista.com/statistics/1498648/financial-consequences-of-long-term-care-us/ (last visited October 19, 2024)
Share of U.S. adults who reported financial consequences of providing or paying for long-term care they or a loved one received as of 2022 [Graph], KFF, November 13, 2023. [Online]. Available: https://www.statista.com/statistics/1498648/financial-consequences-of-long-term-care-us/
