The Congressional Budget Office estimates that premiums for the national long-term care insurance system proposed by Senator Ted Kennedy (D-MA) may be significantly higher than the $65 per month Kennedy aimed for. CBO figures that for the insurance system to be self-sustaining, premiums would have to be in the range of $100 to $110 per month. A key question for the Kennedy [...]
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 [...]
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. [...]