search.noResults

search.searching

note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
7 Edwin L. Walker More Education and Awareness Will Be Necessary


to Encourage Americans to Save for Long Term Care As the population of senior adults continues to rise and providers add communities to care for them, the need  to manage increasingly complex operations.





increases the likelihood of being able to live their later years the way they want,” says Edwin L. Walker, acting assistant secretary for aging and acting administrator, Admin- istration for Community Living, U.S. De- partment of Health and Human Services. Americans are generally unaware of


E


how much long term care costs, who pays - nancial security, he notes. “For example, many people don’t realize that Medicare does not cover extended care. It is de- signed to provide support during a short- term recovery and does not include long term personal care or any supervision services. In a recent Health and Human Services study, only a quarter of respon- dents could correctly identify Medicaid as the government program that pays the most for long term care services in the United States.”


Compounding the problem, few people


understand the likelihood that they will need help at some point in their future. “By 2020, there will be more than 77 million people over the age of 60 in the United States. As many as two thirds of us eventually will need help with dressing, showering, or similar activities.” And when they need help, most don’t know where to get it. “Most Americans say they want to remain at home for as long as possible as they age. With a little bit of help, most can. Knowing what is available, how to access necessary services, and where to go for help in navigating the overlapping systems—before help is needed—can go a long way toward al- lowing people who want to remain in their own homes to do so.” In terms of senior living communities, “knowing what to ex- pect, understanding how to compare options, and having the  works best for them,” Walker says. “Having a plan in place can


34 SENIOR LIVING EXECUTIVE / SEPTEMBER/OCTOBER 2016


help alleviate stress on loved ones, to whom the responsibilities of caregiving most often fall. Ultimately, people who are aware of all of the options and have the opportunity to make informed decisions will be happier and have better outcomes. That can’t happen without education.” The Administration for Community Living supports a variety


of resources to help people understand their options, including longtermcare.gov for information about long-term care; elder-  older adults and their families; and shiptacenter.org/ for informa- tion on State Health Insurance Assistance Programs.


For more information on Argentum’s Senior Living 2025 project, visit argentum.org/2025


ducation is critical because it allows people to make decisions and plan for their future, which


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68