The OECD has just published an interesting new study that shows the long-term care workforce crisis is not just an American problem. Major developed countries all around the world are struggling to find enough qualified workers to care for their growing populations of frail elderly. The problem in the U.S. is becoming a crisis. We pay home care workers an average [...]
Having to pay for long-term care puts millions more Americans at financial risk, according to a new study by my friends at the Center for Retirement Research at Boston College. Nearly two of every three of us will be unable to maintain our pre-retirement standard of living once we include the cost of long-term care insurance or the need to tap home equity to finance the personal [...]
Congress and President Obama say they want to pass a massive health reform bill this year. But will they include desperately-needed changes in the way we deliver and pay for long-term care services for the frail elderly and those with disabilities?Right now, that is an open question. Some key lawmakers are pushing for major reform, but others are reluctant to [...]
Welcome to my new blog, Caring for Our Parents. I hope this blog can be a way for us to have a conversation about the way we care for the frail elderly and those with disabilities in the U.S. My wife and I helped care for our fathers, so I know a little bit about this assistance from first-hand experience. [...]