LTC: not just for the elderly.Nearly 58% of submitted claims for UnumProvident Corp.'s group long-term-care insurance are for people under age 65, the company reported in its first Landscape of Long Term Care, a profile of claims activity. Top causes of claims for people under 65 are cancer (more than 30%), stroke (more than 10%), neurological disease Noun 1. neurological disease - a disorder of the nervous system nervous disorder, neurological disorder disorder, upset - a physical condition in which there is a disturbance of normal functioning; "the doctor prescribed some medicine for the disorder"; , dementia and multiple sclerosis. Two-thirds under 65 receive care at home, while 17% receive it in nursing homes. These claims typically last a year or longer. The average age of claimants is 53. UnumProvident holds about 550,000, or nearly 80%, of the group LTC LTC abbr. lieutenant colonel insurance policies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , excluding federal-government and California-specific policies. John Noble, director of LTC products, said the referenced diseases can require years of treatment and care and can worsen wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. worsen Verb to make or become worse worsening adjn with age. Obesity and diabetes in young people may add to the trend, he said. |
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