November 2021 - Long Term Care Awareness Month: Genworth's Beyond Dollars Study 2021 Shows Increasing Need for Long Term Care and Reliance on Family Members
RICHMOND, Va., Nov. 1, 2021 /PRNewswire/ -- In a year of critical healthcare needs, COVID-19 complicated caregiving, but the factors driving an accelerated need for care were largely the same as in years past, found Genworth's Caregiving in COVID-19 Beyond Dollars Study 2021.
Genworth has conducted the study approximately every three years since 2010 as part of its mission to help families prepare for the challenges of their and their loved ones' aging. The study documents the impact of caregiving on families beyond the cost of long-term care services, which Genworth tracks in its annual Cost of Care Survey.
"While the experience of caregiving can be rewarding, the physical, financial, emo