The news, distilled into what matters.
The cost of long-term care keeps going up, and it's a growing problem for Americans of all ages
- Tamara Johnson left a six-figure job to care for family and says she and her husband spent over $700,000 on eldercare — a stark example of how caregiving can upend lives.
- Eldercare costs have skyrocketed (home care averages about $34/hour) and many families face six-figure bills or drained savings as nursing, assisted living, and home-care prices outpace inflation.
- The squeeze is prompting fixes — state programs like WA Cares, proposed federal bills, employer caregiving benefits, and alternative housing ideas — but worker shortages and funding gaps keep the problem urgent.
Read full article
Get the full experience in the app — topics, comments, and audio summaries.