“Caring for older adults was already expensive, emotionally taxing and logistically difficult — and the coronavirus is only making it worse.
Why it matters: People older than 65 have the highest risk of dying from the virus, and outbreaks have been rampant in long-term care facilities. That is creating anxiety for seniors and their families.
The big picture: Most seniors will need at least some long-term care, but the coronavirus has added even more complications to the tough decisions about how to obtain it.
- Assisted-living and independent-living facilities cost an average of at least $4,000 a month, almost always paid out of pocket.
- Nursing homes are generally more affordable, but people often have to burn through their savings, pensions and other assets on their way there.
- Nursing homes also are cramped, understaffed and have poor track records with infection control to begin with — and they’ve been hotbeds for the spread of the coronavirus.
- Home care is another option. If a professional worker isn’t available, the task often depends on the charity of a friend or relative, and that’s a dicier proposition when those friends or relatives could be carrying the virus — or unemployed, caring for children or otherwise just not able to help…”
Read the full article here: https://www.axios.com/coronavirus-long-term-care-778746cd-97cf-4713-860f-e2c5cc135f87.html