SumDay
Thinks s/he gets paid by the post
- Joined
- Aug 9, 2012
- Messages
- 1,862
Heard this on NPR this morning. I could see me living like this....
Boomer Housemates Have More Fun : Shots - Health News : NPR
But this was really interesting to me. As I said in this thread, people do think Medicare covers MUCH more than it actually does:
Boomer Housemates Have More Fun : Shots - Health News : NPR
Kathleen Kelly, who runs the Family Caregiver Alliance and the National Center on Caregiving in San Francisco, says she's seeing the same sort of concern in her social circle. "I'm in my 50s, and my friends are all talking about, 'Could we all move in together? Could we buy an apartment building and all live together?' There are all sorts of permutations of this conversation," Kelly says. "But it really is something that people are thinking about, particularly women."
But this was really interesting to me. As I said in this thread, people do think Medicare covers MUCH more than it actually does:
Still, there are a lot of obstacles. One big one is that most boomers don't realize they might need help getting or paying for long-term care if their health falters.
"I call it the 70-70-70 conundrum," says Bruce Chernof, president and CEO of The SCAN Foundation, which focuses on long-term health care issues. "Seventy percent of people over the age of 65 will need some form of long-term care supports as they age," he says. But when you look at polling, "roughly 70 percent of Americans don't actually think they're likely to need it, and roughly 70 percent think Medicare will probably cover it when they get there."
The problem, of course, he adds, is that "those last two 70 percents are not true."