Forbes contributors publish independent expert analyses and insights. John Samuels is the Founder/CEO of Wellworth healthcare advisory firm. Time is running out to prepare for America’s caregiving ...
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Did you know that a private room in a nursing home costs, on average, about $9,800 per month in 2024? And, while home health aides cost less on average, the nearly $6,000 per month price tag can still ...
Over half of seniors will need help with eating, getting dressed or other basic activities at some point, according to the U.S. Department of Health and Human Services, and the cost of help continues ...
As more and more of the 70 million baby boomers require long-term care, the dearth of insurance providers and the shrinking number of care workers are shaping up to create a major challenge, says ...
If you think you’ve saved enough for retirement, you may not be thinking about long-term care. The long-term care industry serves people who cannot perform everyday activities, like dressing or eating ...
Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
Lily Vittayarukskul (pictured above) was studying aerospace engineering when her aunt was diagnosed with terminal colon cancer. Her aunt had lived under the same roof as Vittayarukskul while she was ...
“When you get older, you have a lot of idiosyncratic health risks. There might be a few retirees with spectacular health costs, and their spending dramatically increases.” That was retirement ...
As Congress looks for ways to reduce the federal deficit, Medicaid is in the spotlight. Last week, the GOP-led House passed a budget framework that allows both chambers of Congress to work on a major ...
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