Think about all of these facts and then think, can we pay for that? Can my parents pay for that? These are important discussions your family needs to have now.
Fact: More than 7 in 10 Americans 65 or older will require long-term care for an average of 3 years.
Fact: Anyone reaching 65 has a 40% chance of entering a nursing home, with a 20% chance of staying for at least 5 five years.
Fact: More than 80% of those who need long-term care will get help at home, while 18% will live in a nursing home. Those receiving care at home pay an average of $46,332 annually for a home health aide, while a semi-private room in a nursing home will run $82,608.
Learn and plan, www.gentreo.com.
The team at Gentreo has more than 20 years experience in the eldercare industry. From home care and hospice and private duty to aging in place, they have helped create companies that are changing how Americans care for seniors.