Risk & Gov – Experts Agree – The “System” For Financing Long-Term Care Is Crumbling?? That’s Not News . . .

I found this article today – discussing that the “system” for financing, i.e., paying for, long-term care is crumbling. Click Here For Article.

I just have to say, that isn’t news. Long-term care is unbelievably expensive. Husbands/fathers, wifes/mothers, and their children have been paying huge costs for long-term care for years. It’s expensive in an outside facility, and at-home care is expensive. And then sometimes there are issues relating to the level or manner of care provided.

I’m not an expert on the financial aspects of the long-term financing programs. But I can hope that at the governmental level we have some legislators who understand it and who have developed a strategy for the long-term sustainability and improvement. But I never hear anything that sounds comforting or impressive.

Dave Tate, Esq. (San Francisco)

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