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November 04, 2009 at 07:00 PM
Even when employers offer access to a long term care insurance program, only 8% of U.S. workers take up the benefits, according to Prudential Financial Inc.
Prudential, Newark, N.J., (NYSE:PRU) has published that finding in an analysis based on data from an Internet survey conducted in the spring.
Prudential released the analysis to draw attention to a Long Term Care Insurance Month campaign that is taking place this month.
About 17% of the survey participants said they had provided care for an adult family member or relative, and 46% said they know someone who has been a caregiver, but just 5% said they have bought LTC insurance away from the workplace.
