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Cost of caregiving
The cost of caregiving rarely crosses a person mind. Long–Term Care costs average nearly $50,000 annually according to an article I read. When thinking about this figure many people including myself mistakenly believe, "it won’t happen to me." It is hard to imagine needing a caregiver when you’re old, yet it is projected that 43% of people who reach 65 will spend time in a nursing home. Cost of caregiving is very expensive. My grandmother for instance takes at least $1000- $2000 every month just to be taken care of. She has her doctors visits, her prescription drugs, her certain food she eats etc. Health care has skyrocketed in recent years. Most companie...
The cost of caregiving rarely crosses a person mind. Long–Term Care costs average nearly $50,000 annually according to an article I read. When thinking about this figure many people including myself mistakenly believe, "it won’t happen to me." It is hard to imagine needing a caregiver when you’re old, yet it is projected that 43% of people who reach 65 will spend time in a nursing home. Cost of caregiving is very expensive. My grandmother for instance takes at least $1000- $2000 every month just to be taken care of. She has her doctors visits, her prescription drugs, her certain food she eats etc. Health care has skyrocketed in recent years. Most companie...
Posted by: William Katz
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