Key Points
- About 70% of Americans will need long-term care at some point in their lives.
- A large portion of people are not saving for future care expenses.
- AARP Washington state supported the WA Cares legislation as a solution to this problem.
By the Numbers
An estimated 70 percent of Americans will need long-term care at some point in their lives. However, most people neither make a plan for this situation nor set aside money financially.
AARP Washington state advocacy director Cathleen MacCaul drew attention to this gap, stating that people are not adequately prepared for care expenses. The organization led the way in enacting legislation to create a new program called WA Cares in order to bring a solution to this problem.
The initiative in question aims to provide citizens with an additional safety net so they can meet potential future care needs. Thus, individuals aim to experience less financial hardship in the face of unexpected health issues.
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Frequently Asked Questions
- What is the situation regarding Americans' need for long-term care?
- According to estimates, approximately 70 percent of Americans will need long-term care at some stage in their lives.
- What is the main problem regarding long-term care?
- It has been reported that people neither plan for this need nor make financial savings accordingly.
- What is WA Cares and how did it come about?
- WA Cares is a program that offers a new option for long-term care costs, and it was created through legislation supported by AARP Washington state.
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