There are many laws that are in place to protect seniors that are utilizing the many different areas of elder care such as:
- In-home care supervision
- Nursing homes
- Assisted Living Facilities
- Convalescent Homes
The main purpose of these different laws, regulations, rules and licenses is to protect our senior citizens from being abused, which seems to be happening on an increased basis year after year. If any of the elder care facilities violate any of the laws, they could possibly lose their licensing. While we definitely need the laws in place, as there are many benefits to having them, there is also one disadvantage and that is, with all the different types of regulations, they are increasing the cost of elder care for senior citizens.
So what is happening all too often is that many consumers are emptying their savings and retirement accounts to try and afford the cost of health care that they need. Now, once they run out of funds, then they turn to their State or the Federal Government and apply for long term care and other health care benefits. When this happens, then the taxpayers now have to foot the bill. Between bureaucracy, regulations and runaway costs, the services that are available to the elderly are being affected drastically and since there is such a high demand for senior care and such a low supply to service this demand, the prices are increasing.
Other factors that are raising health care cost for seniors are:
Depending on the state you live in, some assisted living homes are now required to have a licensed nurse on staff 24 hours per day so that they stay compliant with the laws. With more and more baby boomers reaching retirement age, which is the biggest generation in United States history and a shortage of nurses, the problem is just seeming to get worst. Go here to learn more about Assisted Living In Fort Lauderdale.