And 8.6 million, or 3 percent of the population, will be older than 85. We already are witnessing a proliferation of community-based services such as adult day care, adult family homes, assisted living facilities and home health care agencies. Yet as things now stand, only 5 percent of Americans are covered by some form of long-term care insurance, said Premera manager David Johnson. And predictions are that 70 percent who make it past age 65 will need home care. Moreover, better than 40 percent will spend some time in a nursing home.
Nursing care is costly.
Home care is expensive, too. Generally, long-term care insurance covers some combination of home care, assisted living, adult family home care, nursing homes and adult day care. Premera's long-term coverage features three combinations of benefits. Besides these three physician groups, Healthradius now serves some 70 other provider groups, public health departments and health insurers. Next quarter, the company will add to its client list the states of Georgia and Ohio.