@article {7032,
	title = {Do Seniors Understand Their Risk of Moving to a Nursing Home?},
	journal = {Health Services Research},
	volume = {40},
	year = {2005},
	pages = {811},
	publisher = {40},
	abstract = {Objective: To determine whether seniors understand their risk of moving to a nursing home. Data Sources: We used longitudinal data from the Asset and Health Dynamics Among the Oldest Old (AHEAD) database. AHEAD is a nationally representative survey (n=8,203) of community dwellers aged 70  years and their spouses. Study Design: We followed respondents for 5 years from the date of the first interview fielded in 1993. Our primary dependent variable was whether respondents moved to a nursing home within 5 years of baseline; self-assessed probability of moving to a nursing home within 5 years, also assessed at baseline, was the primary explanatory variable. Principal Findings: We found that seniors who believed they were more likely to move to a nursing home within 5 years were indeed more likely to do so, and that most elders overestimated their likelihood of moving to a nursing home. Conclusions: Low rates of private long-term care insurance are not plausibly a result of seniors underestimating their personal risk of moving to a nursing home; such an assumption is inherent in many strategies to plan for the future long-term care needs of the baby boom generation.},
	keywords = {Health Conditions and Status, Healthcare},
	author = {Donald H. Taylor Jr. and Ostermann, Jan and Acuff, S. Will and Truls Ostbye}
}
