Many Hawaii residents lack means to pay for nursing care, report finds

By Kristen Consillio

POSTED: 01:30 a.m. HST, Feb 03, 2013

~~<p>Nearly two-thirds of Hawaii residents 50 years and older do not believe they'll be able to afford even one year in a nursing home when they need long-term care, according to a new AARP survey.</p>
<p>The report scheduled to be released today found that nearly 6 in 10 seniors — 59 percent — believe they will need nursing care in the future, but fewer than 40 percent say they have saved for it or have long-term care insurance to cover their costs.</p>
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Nearly two-thirds of Hawaii residents 50 years and older do not believe they'll be able to afford even one year in a nursing home when they need long-term care, according to a new AARP survey.

The report scheduled to be released today found that nearly 6 in 10 seniors — 59 percent — believe they will need nursing care in the future, but fewer than 40 percent say they have saved for it or have long-term care insurance to cover their costs. Login for more...