Long Term Care Research Paper

Words: 282
Pages: 2

Laura,
Great job on this article. I have to agree with the baby boomer generations retiring there will be additional finical stress. Unfortunately nursing homes and assisted living facilities will wipe out an individual’s savings, once gone they can no longer afford to live in the “high class” nursing suites, instead be regulated to a room with double occupancy that is more affordable. There are ways to combat this issue, not the end all be all answer but helpful. In my line of work Long Term Care insurance is a growing concept amongst many individuals, it allows them to purchase and insurance policy that will help pay for home health aides, nurses etc. to come into their home and assist them with medical needs, therefore allowing them to remain