A recent study on long-term care shows that while most caregivers viewed the experience positively, the caregiver’s relationship with the recipient had a strong impact on how they viewed the experience.
Even though the U.S. Department of Health and Human Services estimates that 70% of Americans will need long-term care in their lives, most individuals are not prepared for the financial costs of long-term care. With limited Medicare coverage for caregivers and nursing home care, many opt to receive long-term care through family members and close friends.
A study conducted by the Associated Press-NORC Center for Public Affairs Research was released this month, tracking public opinions of long-term care among Americans age 40 and older. According to results, six in 10 respondents have provided, financed, or been the recipient of ongoing living assistance. The study underscored the significant impact of long-term care in the United States, as large numbers of baby boomers retire and increasingly need long-term assistance, often from their children. Caregiving is an experience that will affect most Americans at some point in their lives – either as a caregiver or recipient.
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