Biden Wants $400 Billion for Long-Term Care, But Can It Help Seniors Age in Place?
The past year hasn’t been good to the long-term care industry. The pandemic has changed our understanding of nursing homes and assisted living communities. For months, residents and seniors were asked to wait in their rooms with hardly any contact with the outside world. Families couldn’t be with their loved ones, even as they passed away.
Overall, the virus killed 174,000 long-term care residents, putting a harsh spotlight on our country’s elder care system.
That’s why the Biden Administration’s $2 trillion infrastructure package sets aside $400 billion for improving the LTC industry. Will it work?