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Released: August 04, 2011
Burden of long-term care needs strain families
Source: Michelle Singletary, Washington Post (Free Registration)
America is facing a crisis that will make the federal budget deficit look like a simple bank overdraft fee.
If we don’t figure out how to provide financial support to the millions of family members who are taking care of seniors with chronic conditions or disabilities, we will have caregivers so overwhelmed that they will be forced to stop helping their elderly relatives. That cost of care will then transfer to the government, and this would mean astronomically higher health-care costs or more people being placed in nursing homes, according to a new report from the AARP Public Policy Institute.
Read Full Article: Burden of long-term care needs strain families
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