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Average annual expenditure of affluent U.S. households on long-term care insurance

Published by H. Plecher, May 2, 2022
The statistic shows the expenditure of affluent households, or the so-called highest quintile, in the United States on long-term care insurance from 2013 to 2016. In 2016, affluent Americans spent some 121.78 U.S. dollars on long-term care insurance.

Average annual expenditure of affluent households in the United States on long-term care insurance from 2013 to 2016

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Source

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Release date

June 2018

Region

United States

Survey time period

2013 to 2016

Age group

18 years and older

Special properties

highest 20 percent of earners in the U.S.*

Supplementary notes

*Comprises only the "highest 20 percent" of consumers in the United States, based on their income before taxes. Lower income limit, according to the source: 2013: 95,336 U.S. dollars; 2014: 99,620 U.S. dollars; 2015: 103,057 U.S. dollars; 2016: 108,040 U.S. dollars.

Number of consumer units (in thousands):
2013: 25,101
2014: 25,410
2015: 25,773
2016: 25,842.

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