Friday, March 14, 2014
Reports show that an increasing amount of baby boomers are choosing in-home medical care over nursing home services.
The number of Americans over age 65 living in nursing homes has dropped 2% from 1990 to 2010. In-home medical care can offer more comfort for seniors and their families, but also can cost much more than a nursing home. A few ways seniors can manage in-home healthcare costs include Medicaid’s Community Alternatives Program, Money Follows the Person, Program for All-Inclusive Care for the Elderly, and Veterans Benefits.
See Gregory Herman-Giddens, Elder Care Trend: Avoiding Nursing Home Care, North Carolina Estate Planning Blog, Feb. 14, 2014.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.