Cost of Living Adjustments Explained for 2024
As inflation reduces people’s buying power, it can be difficult for people to afford living expenses like food, housing, and medical care. In response to
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As inflation reduces people’s buying power, it can be difficult for people to afford living expenses like food, housing, and medical care. In response to
Your senior years are often referred to as your “golden years” because they’re supposed to represent the time in your life where you can relax
At the beginning of the COVID-19 pandemic, Congress enacted the Families First Coronavirus Response Act (FFCRA), which featured a provision to keep people continuously enrolled
Many of us envision spending our golden years in a retirement community, relaxing and making new memories, but we often don’t think of the financial
When your loved one reaches a point where they need help with activities of daily living (ADLs), you may be unable to continue caring for
In 2023, more than 1.2 million Americans live in nursing homes and it’s estimated that almost 70% of seniors turning 65 today will need long-term
Medicaid is a widely utilized government program to help with health costs, with over 90 million Americans enrolled in Medicaid or CHIP as of August 2022. Among
Acknowledging your elderly parent or loved one isn’t as self-sufficient as they used to be is difficult for many people to accept, but recognizing the
Following burnout among long-term caregivers as a result of the pandemic, nearly 240,000 caregivers or 15% of the nursing home workforce have left since 2020
In 2024, the median cost of a a private room in a nursing home is $9,872 per month or $8,641 for a semi-private room. Annually,
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