Domain: tiger-web1.srvr.media3.us Home eldercare is seeing the highest inflation rate it has ever recorded | O-T Lounge
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Home eldercare is seeing the highest inflation rate it has ever recorded

Posted on 4/10/24 at 1:41 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73589 posts
Posted on 4/10/24 at 1:41 pm
quote:

Home health care for the elderly soared +14.2% in the past year --> The largest increase EVER


LINK
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
74279 posts
Posted on 4/10/24 at 1:44 pm to
It's a job nobody wants to do but everybody likely will need eventually.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74083 posts
Posted on 4/10/24 at 1:49 pm to
why?
Posted by sta4ever
Member since Aug 2014
17514 posts
Posted on 4/10/24 at 1:50 pm to
Time to kick the old folks out to the streets with the homeless
Posted by Shexter
Prairieville
Member since Feb 2014
19762 posts
Posted on 4/10/24 at 1:59 pm to
One of the largest groups of the US population is now well into the retirement years. Younger people are cashing in on their needs.

In another 10 years, we'll all be able to afford large RV's for pennies on the dollar. Those boomers will no longer be able to drive.

The Greatest Generation (born before 1928) 0.2%
The Silent Generation (born 1928-1945) 5.49%
The Baby Boomer Generation (born 1946-1964) 20.58%
Generation X (born 1965-1980) 19.61%

Posted by Weekend Warrior79
Member since Aug 2014
21151 posts
Posted on 4/10/24 at 2:07 pm to
quote:

why?

Price people out to make room for our neighbors from the South?
Posted by el Gaucho
He/They
Member since Dec 2010
58713 posts
Posted on 4/10/24 at 2:24 pm to
quote:

Generation X (born 1965-1980)

You mean flannel boomers?
Posted by fr33manator
Baton Rouge
Member since Oct 2010
134080 posts
Posted on 4/10/24 at 2:27 pm to
I say we build robotic mech suits for the elderly, that way they can retain some autonomy.


Posted by wheelr
Banned
Member since Jul 2012
5935 posts
Posted on 4/10/24 at 2:27 pm to
quote:

why?


Need to drain people dry for corporate profits. Healthcare companies aren't there to improve health. Just like how houses are now looked at as investments, not a place to live.

This place recently expanded their campus because they needed more room for paper pushers.

https://homehealthcarenews.com/2023/02/5-4-billion-lhc-group-optum-deal-closes/

Posted by TaderSalad
mudbug territory
Member since Jul 2014
26215 posts
Posted on 4/10/24 at 2:47 pm to
Bidenomics is working
Posted by jizzle6609
Houston
Member since Jul 2009
19084 posts
Posted on 4/10/24 at 2:48 pm to
Baws better cut spending and add another 5% to the 401K while paying down all other debt.

Or buy a house at 55 like the poster the other day suggested and see how that turns out for you.
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
78759 posts
Posted on 4/10/24 at 2:56 pm to
quote:

Bidenomics is working


this is basic supply and demand.

More and more old people need in home care. There are enough care takers.

Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58488 posts
Posted on 4/10/24 at 3:57 pm to
quote:

why?


More and more Boomers moving into the system. This growth will likely continue for at least the next twenty years.
Posted by BawWithDaBae
Member since Aug 2022
6 posts
Posted on 4/11/24 at 11:27 pm to
It’s the boomers. Baby boomers…. Btw this is why Covid was manufactured. For population control. The baby boomers in elder care are really mowing the tax $
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