Tag: LTC
The consulting firm Milliman recently published its 2025 Long-Term Care Index, calculating that – on average – 65-year-olds should set aside $135,000 for their future high-intensity long-term care needs. Great Variability While an average figure can be a helpful anchor point, Milliman’s estimates show substantial variability based on gender, location, and health status, among other factors. For instance,…
Family caregiving is the cornerstone of long-term care for older adults, especially in underserved communities. This care, however, poses significant challenges and often requires financial sacrifices from caregivers. In response, researchers, practitioners, and policymakers have proposed various options to alleviate the financial strain, but it remains unclear which options would most benefit the caregivers…
