Care Data

Care Data contains the anticipated need for care, and its cost. These predictions affect the economic impact only through the cost portion of the calculations, and have no impact on premium calculations. Click anywhere on the screen clip for more information on a particular field or button.

All care data entries are required.

Field Descriptions

	Care Years	The total number of years for which long-term care is required, regardless of whether the care is paid for personally or through insurance.  Back to screen
	Beginning Year	The year in which care starts.  Back to screen
	Care for Insured	Determines whether care is to be provided for first insured or second insured.  Back to screen
	Plan Period	Total period for which financial calculations are to be made, starting with the first year in which premium is paid, and ending in the year in which all insured are deceased.  Back to screen
	Current Cost	The current cost of a day of long-term care. This figure can vary depending upon the location, level of care, quality of the facility, and other factors.  Back to screen
	Inflation Rate	The rate at which the cost of long-term care increases. This could be different than the general rate of inflation.  Back to screen