Report: Rising Costs Will Make Aging at Home More Difficult

Home care is the fastest-growing part of the health care economy, but the rising costs of home care will make aging at home increasingly difficult, according to a new report from Genworth. The 2019 Cost of Care Survey finds that the cost of homemaker services, including assistance with tasks like cleaning, cooking, and running errands,…

Worker Shortage and Dementia Drive up Home Care Costs

Home care costs are rising, though not as quickly as costs in other long-term parts of health care, and the blame falls on a combination of factors involving a shortage of workers, higher minimum wages, new regulations, and the increasing number of patients with dementia, a particularly costly ailment to treat. The 15th Genworth Financial…