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Stock impact report

Does Medicare Cover Assisted Living? [The Motley Fool]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: The Motley Fool
If you're counting on Medicare to pay for an assisted living facility, you're out of luck. But that doesn't mean you won't manage to afford one. Maurie Backman ( TMFBookNerd ) Dec 18, 2017 at 5:04PM It's estimated that 70% of seniors 65 and over will end up needing some type of long-term care, whether it's a nursing home or an assisted living facility. Assisted living facilities are designed to help seniors retain some degree of independence by providing what's known as custodial care, which encompasses help with functions such as bathing and dressing. Nursing homes, by contrast, are generally more suitable for seniors with medical issues or who need active monitoring. If you're struggling to function on your own but aren't at the point where you need a nursing home, it pays to look into the assisted living communities in your area -- assuming you can af Show less Read more
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