Senior Housing News October 9, 2024
New research from NORC at the University of Chicago is highlighting a growing group of middle-income older adults unable to access senior living care.
Approximately 6.5 million older adults – about 12% of the current population of people 65 and older – experience financial insecurity and navigate complex health care needs but have limited resources for securing long-term care, according to new research from the NORC at the University of Chicago.
While they are old enough to qualify for Medicare, they are just out of range of eligibility for Medicaid services, putting out of reach many of the services they will likely need as they age due to cost. Researchers identified the segment of older adults as “near-duals,” named for...
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