Published October 22, 2020
Follow our Medicare Coronavirus News page for related information on coronavirus (COVID-19) and its impact on Medicare beneficiaries.
The majority of Americans feel that Medicare and private health insurance companies should cover the cost of long-term care.
Join our email series to receive your free Medicare guide and the latest information about Medicare and Medicare Advantage.
By clicking "Sign me up!” you are agreeing to receive emails from MedicareAdvantage.com.
Speak with a licensed insurance agent
The Associated Press-NORC Center for Public Affairs Research conducted a study that found 59% of Americans believe Medicare and private health insurance should bear a large responsibility for the cost of long-term care. That’s a slight increase from 50% of respondents who answered the same in a similar study conducted in 2018.
When it came to Medicare specifically, 56% of respondents felt the federal health insurance program should have more responsibility in covering long-term care, which was an increase from 45% of respondents in 2018.
Nearly 3 in 10 caregivers reported struggling to afford to provide care for their loved one.
The study was conducted between Aug. 27 and Sept. 14, and included nearly 1,900 U.S. adults.
While adults increasingly feel long-term care should be better covered by Medicare and private health insurance, they are doing a worse job of preparing for their own future care needs.
More people (46%) report having done little or no planning for their own long-term care needs than in 2018 (37%). Denial has also set in, as the number of people who believe it is unlikely that a loved one will need long-term care has grown from 34% in 2018 to 43%.
Around 17% of U.S. adults are currently providing ongoing living assistance to an aging family member or friend. 36% of those people report that their responsibilities have increased as a result of COVID-19.
Some additional key findings from the study include:
Nationwide costs for long-term care in the U.S. in 2016 included $225 per day for a semi-private room in a nursing home, $119 per day in an assisted living facility and $20 an hour for homemaker services.
Long-term care insurance plans are not offered through Original Medicare (Medicare Part A and Part B). Long-term care insurance is most often offered as a standalone policy.
Learn more about Medicare news and how the COVID-19 pandemic affects beneficiaries.
Christian Worstell is a licensed insurance agent and a Senior Staff Writer for MedicareAdvantage.com. He is passionate about helping people navigate the complexities of Medicare and understand their coverage options.
His work has been featured in outlets such as Vox, MSN, and The Washington Post, and he is a frequent contributor to health care and finance blogs.
Christian is a graduate of Shippensburg University with a bachelor’s degree in journalism. He currently lives in Raleigh, NC.
Where you've seen coverage of Christian's research and reports: