Many Americans are looking to Medicaid to meet their long-term care needs, even though most know more about long-term care insurance than five years ago.

John Hancock Financial surveyed 1,000 people and found 60 percent believe they’ll someday need long-term care. However, fewer have planned for the possibility in their own lives, and many said they’d rely on Medicaid despite admitting they did not understand how the program worked.

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