Due to the aging baby boomer population, projections of which place the count of Americans who are 65 or older at one in five by 2050, there will be much “experimentation” that goes on to hone in on viable care methods, says the Congressional Budget Office. Home care has risen as one possible solution, writes […]
Congressional Budget Office
The market value for long term care on an institutional basis reached $138 billion in 2011 with informal care counting an additional $234 billion during the same time, according to a Congressional Budget Office report released this week. Community-based care counted $58 billion in market value in comparison. The total market for long term services […]