Education Needed for Long-term Care Insurance
Many Americans lack understanding of benefits, valueNo one likes to think about relying on long-term care. But the reality is that any person could fall victim to a disability or need chronic care because of aging. New research from Mintel suggests that many Americans are not prepared for these possibilities.In a new report, Mintel found that less than 60% of adults are familiar with long-term care insurance. Furthermore, three-quarters (74%) do not currently have any type of long-term care coverage. Almost one in five state they don’t know why they haven’t purchased a long-term care policy or that they “don’t know anything about it.”
MintelAdmin
More from Mintel
-
Discover your next big breakthroughGet smart fast with our exclusive market research reports, delivering the latest data, innovation, trends and strategic recommendations....View Reports
-
2026 Global PredictionsOur Predictions go beyond traditional trend analysis. Download to get the predictive intelligence and strategic framework to shape the future of your industry in 2026 and beyond. ...Download now
-
Are you after more tailored solutions to help drive Consumer Demand, Market Expansion or Innovation Strategy?Ask for a customised strategic solution from Mintel Consulting today....Find out more
Press Release
2008
0
Related articles
May 28, 2025
Consumer
Article
From gourmet chicken with customised spice levels to a banquet of dipping sauce choices, chickenshops are proving particularly appealing to the better-off £75k plus household income group whoare far more…