Why Cost Shifting At Nursing Homes Hurts EveryoneGene Koretz
Relatively few people (5% of those aged 65 and above) wind up needing long-term nursing-home care in old age. But for those who do, the costs can be horrendous. The average charge to private payers is currently close to $ 30,000 a year -- enough to bankrupt most families in short order.
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