Monday, November 15, 2010

  • Chance that a senior citizen will enter a nursing home: 1 in 3
  • Chance that a patient in a U.S nursing home is sedated or physically restrained: 1 in 2
  • Average cost to stay in a US nursing home for one year: $76,680


It is statistics like these that provided the inspiration for the Eldercare Resource Center blog and the Eldercare Financial Resource Locator Tool. Looking at eldercare in the US today is a bit like watching a slow motion train wreck. Everyone can see things are going to get bad, yet we mostly feel powerless to stop it.

In reality, the cost of long term care in the US is very expensive. However, families empowered with information and inspired to plan ahead, can take a surprising number of steps to make the cost of care affordable.


The sister-site to this blog, PayingForSeniorCare.com, provides a database of 100’s of resources, programs and options that can help families pay for or reduce the cost of care for their loved ones. The Eldercare Resource Locator Tool enables families to search for relevant programs by entering their demographic information.


In the months ahead on this blog, we will explore issues relevant to eldercare and generate discussions on how families can best manage the cost of long term care.