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When Medicare was created, its architects assumed expansion, both in terms of population and in terms of benefits later, according to a health policy professor at the University of North Carolina. “They didn’t anticipate the shift in American politics to the right, and they didn’t anticipate that Medicare would be labeled a fiscal problem and that policymakers would be more concerned with avoiding the next trust fund shortfall than expanding benefits,” he says.
Learn More: Why Doesn’t Medicare Cover Services So Many Seniors Need? | Kaiser Health News (khn.org)
Pulling a loved one out of a long-term care facility when the pandemic hit was often a great alternative for those who could afford it. However, for others, that was never an option. Paying for home care out of pocket can run a steep price tag, depending on the state and amount of care required. In Pittsburgh, for example, a home caregiver that works 40 hours a week costs around $,000 per month, slightly more than an assisted living facility.
Chronic conditions, like dementia, require around-the-clock care. A home caregiver that works hands-on, 24/7 can cost more than $17,000 each month, significantly more than a private nursing home room, which hovers around $10,000.
Learn More: Pulling family from nursing homes during Covid was great — but pricey (statnews.com)