About 90% of Americans do not have a realistic plan to pay for long term care expenses, a survey by the LIFE Foundation finds.
LIFE, Arlington, Va., also asked Americans what they would rely on most to provide LTC services if they needed them. The top response, by 23% of survey participants, was family and friends.
Other answers were: health insurance, 20 %; Medicare, 16%; savings, 13%; social security benefits, 11%; LTC insurance, 10%; and Medicaid, 7%.