Will voters kill nation's first long-term care program

[Yo_Mama_Been_Loggin]

If you needed long-term care, could you afford it?

For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not.

Nursing homes charge somewhere around $100,000 a year, while frequent visits from a paid caregiver may set you back more than $5,000 a month. With long-term care so expensive for growing numbers of older Americans, and the federal government doing little to make it accessible, some states are taking matters into their own hands to find better ways to cover costs.

Washington state has gone the furthest so far, but the future of its innovative program is not ensured. In November 2024, the state’s voters will consider whether to make paying into the program tax voluntary, which would essentially make it financially unworkable.

https://www.heraldnet.com/opinion/comment-will-voters-kill-nations-first-long-term-care-program/

[SleeplessinSoCal]

1. The downside of so many life extending treatments.

And, of course, good old American greed.