Survey: Few understand long-term care needs, costs

12/14/2006 | Reuters

A new survey indicates that few Americans can accurately judge their need for long-term medical care or the cost of such care. The study from the AARP found that fewer than one in 10 of 1,800 respondents came within 20% of estimating the national average for nursing home costs and less than a quarter came within that range for assisted living facilities.

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