MMI Press Releases

What’s New?

The MetLife Study of Working Caregivers and Employer Health Care Costs

Employees in the U.S. who are caring for an older relative are more likely to report health problems like depression, diabetes, hypertension or heart disease, costing employers an estimated average additional health care cost of 8% per year, or $13.4 billion annually.

Recent Press Releases

2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services and Home Care Costs

Price rollbacks throughout the U.S. economy during the past year did not apply to long-term care service providers, according to the 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs. Private room nursing home rates rose 3.3% to $219 per day or $79,935 per year, while assisted living also rose 3.3% on average to $3,131 per month. Home health care aides now cost an average of $21 per hour, a 5% increase; adult day services run $67 per day, a 4.7% increase.

Long-Term Care IQ and Quiz

This survey, taken by 1,021 individuals aged 40 to 70 in 2009, compared responses with a similar 2004 study. The results reveal that most are not taking appropriate steps to protect themselves from potentially catastrophic expenses. Most know what long-term care is and how much it costs, but their scores fall short regarding how many people will need it and how they will pay for it.

Buddy Can You Spare a Job

A new study from the MetLife Mature Market Institute reports that many Americans over the age of 55 plan to work at least until age 69, but that most who look for a job face challenges in finding one. Yet, Department of Labor projections indicate that the 55+ population will account for almost 93% of the net increase in the U.S. Civilian Labor Force between 2006–2016.

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