BUSINESSWEEK ONLINE : JUNE 12, 2000 ISSUE
BUSINESSWEEK INVESTOR

Why Long-Term Care Insurance Matters for Women


THEIR CAREERS SUFFER...

-- 66% of informal caregivers are women.

-- 12% of women have to leave their jobs after becoming a caregiver.

-- By 2005, one out of three workers will be caring for an aging parent.


...AND THEY'LL LIKELY NEED CARE

-- Women live six years longer, on average, than men. So they may not be able to count on their husbands to provide care.

-- A 65-year-old woman has a 52% chance of eventually needing
nursing-home care, vs. 36% for a 65-year-old man.

-- 75% of nursing-home residents and 67% of the elderly receiving home health care are women.


DATA: LONG-TERM CARE PLANNING GUIDE, JOHN HANCOCK FINANCIAL, NATIONAL COUNCIL ON AGING



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