Arvin D. Pfefer - Senior Advisor
 
   
 

      • The long term care insurance market as a whole grew an average of 18% between the years 1987 and 2001.  The average age of purchasers of individual policies decreased to 62 in 2001.  HIAA 2003

      • California, Florida and Pennsylvania now contain 34% of the country’s assisted living facilities.  Two states, Arizona and Kansas experienced a growth rate (assisted living facilities) of 40% between the years 2000 and 2002.  The National Academy for State Health Policy, 2003

      • A Brookings Institute study found that while 28% of people 65 and over will not use paid home care in their lifetime, approximately 30% will use 1 to 60 visits.  A quarter of 65-year-olds will receive between 61 to 365 care visits.  United Senior Health Council, 2002

      • The Percentage of Employers offering retiree health care benefits declined from 48% in 1993 to 29% in 2001. EBRI, 2002

      • A recent survey has shown that more than 40% of men and 50% of women over the age of 60 report taking at least one vitamin or mineral supplement daily.  While some supplements are beneficial, other may be harmful because the possibility exists of adverse interactions between supplements and prescription drugs.  Newsday, 2003

      • New trend in long term care insurance: Guaranteed rates for up to 20 years.  SECA, 2003

      • Every week about 200 people are diagnosed with MS and one third of a million Americans have the disease.  Most people are diagnosed between the age of 20 and 50.  National Multiple Sclerosis Society, 2002

      • Every week about 1,100 people are diagnosed with Parkinson’s and about 1.6 million American’s have the disease.  Sixty (60) percent are first diagnosed between the ages of 55 and 62.  National Parkinson’s Foundation, 2002
     
     
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