Caring for the Elderly

Who will pay for care of aging baby boomers?


Nearly 70 percent of those turning 65 this year will need long-term care (LTC) in their lifetimes; 20 percent will need it for five years or longer. But — unlike most other industrialized nations — the United States has no public or private insurance infrastructure to pay for LTC. Those needing years of care will have to ...

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