The "sandwich generation" is getting squeezed hard. With long-term care costs skyrocketing—nursing homes averaging over $100k annually—millennials and Gen Xers are stuck footing the bill.
Government programs like Medicare don't cover most long-term care expenses, and Medicaid's…
— Riz.eth (@rizethereum) January 16, 2025
— Bito (@bitocrates) January 16, 2025
More than 70% of nursing homes in the U.S. are owned by for-profit companies, often backed by private equity or real estate investors. New research raises questions about the quality of care. Our @CBSNews investigation examines one chain where some patients were allegedly… pic.twitter.com/5l3dq1epjn
— CBS Evening News with Tony Dokoupil (@CBSEveningNews) May 29, 2024