Tag: Washington State
Social insurance can’t work with participation on a voluntary basis. Providing long-term care is one of the biggest challenges facing an aging society. According to our calculations, about one-quarter of retirees are likely to experience the type of severe long-term care needs that most people dread (high-intensity care for more than three years) and over…
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…