The long view

This week another chapter in our new series “Prescription America” — exploring new ways to provide better healthcare for less. Our focus in this episode — long-term care of the elderly.

More than 10 million people in the United States already have long-term health care needs, and that number is only going to grow as baby boomers and their parents live longer.

But many of them will require extraordinarily expensive full-time care. And with budgets tight across the nation, the questions are: who is going to provide that care? And who is going to pay for it?

Need to Know’s Karla Murthy recently traveled to California and profiled one family dealing with the financial and emotional stress of caring for a chronically ill loved one.

Find out more about long-term care and other pressing medical issues from the series Prescription America.

 

Comments

  • http://www.facebook.com/DOTDAMIT Rula Sawaga

    i am getting to that point; it is scary i want to get tht on dvd but dont have a credit card;i want to buy dvd’ am almost blind so i cant see how /where to get it =long term care

  • Mz T

    Rula,

    I’m not sure what “dvd” you are speaking of, but if you want information on “Long term care” insurance I would recommend doing an internet search. There are several sites which offer online quotes. As they said, “It is extremely costly,” so be careful to have someone check the fine print.

  • Len Gustafson

    My Mother was diagnosed with Alzheimer’s 12 years ago. I cared for her as long as I could safely for her (with help). When her health deteriorated, she spent her last two years in a nursing home. That was possible because she had long-term care insurance. Without that policy purchase she would have exhausted most of her resources. The long-term care policies are expensive, but important to financial security. I have purchased such a policy.