“The responsibility of providing care to the vast number of patients with dementia expected over the next 20 years will disproportionately fall on working women, according to researchers at the Stanford University School of Medicine. ‘The best long-term care insurance in our country is a conscientious daughter,’ the authors wrote in a perspective piece to be published May 8 in JAMA Neurology. The article points to a lack of affordable in-home care options in the United States other than unpaid family members, primarily women.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Why do we have a “lack of affordable in-home care options?” Because Medicaid dominates the supply, pays minimum wage at best and crowds out the private home care market just as it crowds out LTCI to pay for it at market rates.