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December 13, 2006 at 02:56 PM
Doctors and relatives may be doing less these days to warn Americans about the cost of long term care.
Researchers at AARP, Washington, have published figures concerning consumers’ LTC awareness in a summary of a recent survey of 1,456 U.S. consumers ages 42 and older.
Consumers over age 45 gave answers for nursing home care and assisted living care that were about 30% higher than estimates a similar group of consumers gave in 2001, AARP researchers report.
But the average estimates were far lower than the actual cost of care, the researchers write.
