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Stock impact report

Lincoln Financial Group Website Reveals the Cost of Long-Term Care, Offers Personalized Resources to Help Plan for Long-Term Care Needs

Lincoln National Corporation (LNC) 
Last lincoln national corporation earnings: 2/5 04:15 pm Check Earnings Report
Company Research Source: Business Wire
As the cost of caregiving continues to rise, tools like the MoneyGuard Market Advantage® Conversation Catalyst can help Americans understand long-term care options and how to pay for the associated costs RADNOR, Pa.--(BUSINESS WIRE)--The market for at-home long-term care is large and growing, and family members have become more financially impacted by the increasing costs of care services as they continue to rise each year.1 According to Lincoln Financial’s (NYSE: LNC) annual What Care Costs study, the rates for care in an assisted facility average over $51,000 per year, and the costs for a home health aide rose more than 5% from 2020 to 2021.2Four out of five families surveyed noted concerns about the cost,3 which can vary greatly depending on the type of care needed and where a person lives. In fact, some 53 million Americans now provide unpaid care for family members.1Understand the optionsNearly 96% of consumers surveyed agree it is important to plan for long-term care and for Show less Read more
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