Discuss the financial resources that are available to the elderly and the economic impact of long-term...
- Discuss the financial resources that are available to the elderly and the economic impact of long-term care use.
- Describe the major factors that determine the economic impact of LTC on different segments of the population based on socioeconomic status.
Homework Answers
For elderly there are no specific benefits that are given in the United States, most of the medical care is out of pocket or insurance that they had.
LTC ( Long term care) is something that is required over a longer period of time for a great many of elderly citizens, but clearly the solutions offered currently are not helping elderly.
Most of the long term care that require medical attention can be very expensive and insurance can easily be exhausted, but medic aid that is part of the governmental program is applicable only if you are impoverished.
So clearly if you are in middle income group there are not many great choices except loosing all your savings and become impoverished.
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Discuss the financial resources that are available to the
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