Adviser Summer 2017 Annual Conference Recap | Page 47

Siena Poll for LeadingAge New York Shows Need to Educate New Yorkers About Long-Term Care Issues By Ami Schnauber The recently completed Siena College poll of New York voters 50 and older, conducted on behalf of LeadingAge New York, shows that 70 percent are concerned that they will need help with their everyday needs as they grow older, and 70 percent are also concerned about their ability to afford that care. In fact, a strong majority of 57 percent of New Yorkers 50 and older are concerned about both needing help with every day needs and affordability of care, while only 18 percent are not concerned about either needing or being able to afford care. These are just two of the questions in this wide-ranging survey that will help LeadingAge New York and our members understand the views of older and soon-to-be older New Yorkers. Full results of the survey can be found here www. leadingageny.org. Among other key findings: • Only 28 percent of New Yorkers 50 and older have purchased long term care insurance, compared to 68 percent who have not; • A bare majority (52-47 percent) have a plan to address their needs (housing, transportation, meals, daily personal needs) as they get older; • These New Yorkers have some misconceptions about the sources of funding for how their long-term care needs will be paid: • 89 percent say their savings, pension and monthly Social Security check is what they will rely on; • 82 percent say they will rely on Medicare; • 61 percent say they will rely on “other benefits” from Social Security; alone facility located in a mixed-use neighborhood that specializes in one level of care” if they reach a point where they can no longer live independently; • There is strong preference – 56-18 percent – for living in a non-profit senior living facility, rather than a for-profit facility; • One-quarter would prefer to live in a long-term care facility affiliated with their religion; • Where do New Yorkers 50 and older go for information about long-term care services? • 25 percent – Google • 21 percent – family and friends • 13 percent – State agency website • 12 percent – doctor or nurse What does all of this mean for LeadingAge New York membership? It means we have a lot of work to do to help educate and inform older and middle aged New Yorkers about long term care – the services available, how services are paid for and which resources are available to help fund those services. While we’ve long known that aging New Yorkers are concerned about the care they will receive as they get older, we now also know that too many of these future potential clients appear to be burying their heads in the sand when it comes to being informed consumers. LeadingAge NY will be working with members in the coming months to implement an education strategy – including through the successful “Young at Heart” campaign – to ensure that New Yorkers have access to the long term care they need. Unfortunately, as we know, Medicare and other Social Security benefits either do not exist at all, or do would not cover the vast majority of long term care costs; • By a 51-25 percent margin, these New Yorkers would prefer a “campus-like setting at which various levels of care are available on a progressive basis,” rather that a “stand- leadingageny.org 46