Family, Friends Tapped for Long-Term Care

More than one-third of U.S. residents contacted say they would turn to family and friends for long-term medical care, a survey shows.

That was the feeling should the situation arise among 39 percent of the 1,025 adults polled by the Life and Health Insurance Foundation for Education.

Relatively few said they plan to rely on insurance or private savings.

Deb Newman, president of Newman Long Term Care and a LIFE Foundation board member, says the survey shows that many people have no plan when it comes to long-term care.

Most respondents said they expected to help finance long-term care with Social Security and savings.