Business Daily Media

Business Marketing

.

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

  • Written by Marc Cohen, Mel King Fellow, MIT CoLab; Clinical Professor of Gerontology and Co-Director LeadingAge LTSS Center, UMass Boston
US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixedGetting a room in a nursing home comes with a sky-high price tag.Jeremy Poland/E+ via Getty Images

If you needed long-term care, could you afford it?

For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not.

Nursing homes charge somewhere around US$100,000 a year, while...

Popular

The cost of doing nothing: Why investing in mental health needs to be a priority

The entwined nature of personal and workplace concerns that impact employee wellbeing has led to a growing call for holistic approaches to identify and address psychosocial risk factors. A psychosocial risk factor is any hazar...

How Australian businesses can approach data privacy

Last year, we witnessed many shifts across the business model; from organisations granting employees remote access to information flows to teams handling and misplacing documents and data, some organisations found themselves in ...

Australian Organisations to Brace for Cyber Threats Ahead of Holiday Season

McAfee Enterprise and FireEye today released Cybercrime in a Pandemic World: The Impact of COVID-19 findings, revealing the imminent need for organisations to prioritise and strengthen their cybersecurity architecture. The fin...