Baby boomers overwhelmed by caring for their parents, survey finds

Senior living operators should find more ways to market and discuss long-term care financing with baby boomers, a new survey suggests.

Baby boomers often are overburdened by trying to find the physical, financial and emotional resources to care for their aging parents, according to respondents to a survey conducted by Care.com.

Forty-seven percent of respondents said financing long-term care is a top concern. Forty-six percent of respondents reported having a solid understanding of their loved one's preferences for care, but were not certain about how to proceed.

“Making effective decisions about the care of a loved one often takes more time than anticipated and requires an understanding of the long-term care system that many caregivers lack,” Care.com vice president of care management, Jody Gastfriend, said.

Care.com is an online resource that offers, among other services, senior planning advice.

 

More in News

SNFs could see 50% payment reduction for Pre-Existing Condition Insurance Plan claims

SNFs could see 50% payment reduction for Pre-Existing ...

The federal government's Pre-Existing Condition Insurance Plan will reduce its payments to skilled nursing facilities by 50% as of June 15, according to the Centers for Medicare & Medicaid Services. ...

Emeritus turns to high-profile law firm to appeal $23 million verdict ...

Emeritus Senior Living has engaged high-profile attorneys in its bid to overturn the verdict handed down by a jury in March, under which Emeritus would have to pay nearly $23 million in punitive damages related to the death of a resident who had pressure wounds.

Discovery could lead to faster, fuller healing of diabetic wounds, researcher says ...

Injecting a plasma protein called plasminogen around chronic diabetic wounds can lead to complete healing, according to new research from Umea University in Sweden.