News Headlines Article

Long-Term Care: The Cost Challenge That Scares the Government Most
The Fiscal Times

For years, federal and state governments have shied away from the problem of providing long-term care for ailing seniors – and for good reason.

While mounting costs of Social Security, prescription drugs and federal health care programs get a lot of attention, the staggering costs of providing community based social services and nursing home facilities and in-home care to seniors are draining the savings of average Americans and posing frightening long-term fiscal challenges for government officials.