A recent survey, commissioned by the Certification For Long-Term Care (CLTC) with generous sponsorship support from CareScout, Oliver Wyman, and ET Consulting, highlights significant knowledge gaps in long-term care planning across various income groups. While higher-income individuals tend to be more informed about long-term care options, middle-income consumers often lack awareness of key resources like long-term care insurance. This disparity underscores the need for greater education and planning, as preparing for long-term care is an increasingly vital concern for aging populations.
Read McKnight’s Senior Living’s feature on the CLTC commission study.