Tag: long-term care
Long-term care is the major uninsured expense for most retirees. Neither private health insurance nor Medicare covers long-term care expenses, although Medicare provides for care in a skilled nursing facility for up to 100 days following hospitalization. Long-term care insurance is available in the private market, but less than 5 percent of people purchase plans. …
Developing countries all over the world are struggling with the same looming crisis: an aging population and an acute and worsening shortage of family and paid caregivers. Washington State did something about it. The question now is, will its new program to fund services for seniors survive a ballot initiative that would undermine it? In…
