Category: Dying Broke

‘Financial Ruin Is Baked Into the System’: Readers on the Costs of Long-Term Care

Thousands of people shared their experiences and related to the financial drain on families portrayed in the “Dying Broke” series, a joint project by KFF Health News and The New York Times that examined the costs of long-term care.

Watch: The Long-Term Care Crisis: Why Few Can Afford to Grow Old in America

Long-term care options in the U.S. are costly, complex, and often inadequate. KFF Health News’ Jordan Rau and Reed Abelson of The New York Times host a Zoom panel to explore the challenges of providing — and affording — care.

What to Know About Home Care Services

Finding an aide to help an older person stay at home safely takes work. Here’s a guide.

Desperate Families Search for Affordable Home Care

Facing a severe shortage of aides and high costs, people trying to keep aging loved ones at home often cobble together a patchwork of family and friends to help.

A Guide to Long-Term Care Insurance

Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know.

Why Long-Term Care Insurance Falls Short for So Many 

The private insurance market has proved wildly inadequate in providing financial security for millions of older Americans, in part by underestimating how many policyholders would use their coverage.

Extra Fees Drive Assisted Living Profits

The add-ons pile up: $93 for medications, $50 for cable TV. Prices soar as the industry leaves no service unbilled, out of reach for many families.

What to Know About Assisted Living

The facilities can look like luxury apartments or modest group homes and can vary in pricing structures. Here’s a guide.

Adult Children Discuss the Trials of Caring for Their Aging Parents

The financial and emotional toll of providing and paying for long-term care is wreaking havoc on the lives of millions of Americans. Read about how a few families are navigating the challenges, in their own words.

Facing Financial Ruin as Costs Soar for Elder Care

The United States has no coherent system of long-term care, leading many to struggle to stay independent or rely on a patchwork of solutions.