Long-term care insurance may not be the right choice for you if you are of limited means or might quickly qualify for Medicaid. read more
- Three out of four current nursing home residents are women.
- Women are almost twice as likely to need a nursing home after age 65 and more likely to have a longer length of stay.
- Elderly women living alone are less likely to have a family caregiver, and therefore have a greater need for additional financial resources to cover long-term care costs in nursing homes or assisted living facilities.