As Baby Boomers age, the care will grow

1 Feb

See on Scoop.itEmpowered Living

Empowered Living‘s insight:

"Insurance policies for long-term care are available, but only about 5 percent of US adults have them. Most families don’t plan for long-term care because often the need comes unexpectedly: An elder takes a bad fall or suffers a stroke. Cost is another issue; policies can run $1,000 to $8,000 a year, depending on the senior’s age, health, and other factors."


Most of these options seem economically unsustainable for majority of Americans.

See on

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