Older adults have access to hundreds of federal and state benefits programs. Many retirees meet the requirements for these aids, yet do not know they are eligible and miss opportunities to receive assistance.
Adult care givers need a break from time to time. There are options which can help.
When you do find yourself in charge of making the necessary arrangements, the two main things to consider are usually what type of care your loved one needs and what you or your family can afford.
When it comes to long-term care costs, the charges for home care are now rising faster than those for nursing home care, according to Genworth's 2019 Cost of Care survey. In the past year, the median annual cost for home health aides rose 4.55 percent to $52,624, while the median cost of a private nursing home room rose only 1.82 percent to $102,200.
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