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Survey shows many not ready to pay for care as they age

More than 30 percent of Minnesotans do not know how they would pay for the long-term care the vast majority will need as they grow old, according to the 2014 Minnesota Department of Human Services State Fair survey.  An additional 13 percent of respondents said they would rely on government programs to pay for long-term care.  More information is available in the survey report.

Financing options report released

A subgroup of the Own Your Future Advisory Panel recently completed the report “Financing Options to Help Minnesotans Pay for Long-Term Care.” The report lists overarching recommendations on how to help middle-income households pay for long-term care costs and how to promote greater use of existing financing products as well as strategies to encourage new approaches to the financing of long-term care.

Own Your Future Planning Guide available

PlanningGuide_DHS3736_large The Own Your Future Long-Term Care Planning Guide (PDF) walks you through the key information you need to create your own long-term care plan and begin to Own Your Future! It includes some of the same information as this website but with more planning tools and places to put your notes, contacts and checklists. Order some copies to give to family members and friends.

To order one or more copies, email ownyourfuture@state.mn.us. Provide a mailing address for us to send you the guide and tell us how many copies you would like to receive.

 

Upcoming Own Your Future events

 Quarterly meeting of the Own Your Future advisory panel
 Nov. 17, 2014
 10 a.m. to noon
 Room 200, State Office Building
 St. Paul, MN 



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