Just over two in ten (21%) adults say they have a long-term care insurance policy, while nearly seven in ten (68%) say they do not.

The most commonly cited reason among those without a policy is cost. Nearly six in ten (59%) adults without a long-term care policy say the cost is a major reason they don’t have a policy. Around three in ten (32%) admit long-term care is just not something they think about, while about the same share (30%) say the policies don’t cover enough of the expense of long-term care.

About one-quarter (24%) of those without long-term care insurance expect that their family will take care of their long-term care needs. And about two in ten say a major reason they don’t have long-term care insurance is that Medicare (23%) or Medicaid (21%) will cover the cost of care.