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0.000554631170271856 0 -0.00110926234054351 -0.00221852468108703 -0.00332778702163054 -0.00277315585135889 -0.00277315585135889 -0.00277315585135889
Stock impact report

Trump Makes Care Less Affordable For Seniors, People With Disabilities [Forbes]

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: Forbes
But they also should be thinking about the costs of personal care for older adults and younger people with disabilities, which is becoming less affordable than ever. And one big reason is the Trump Administration's war on immigrants. As its immigration policies become more restrictive, shortages of care aides, as well as nurses and physicians, is getting worse. The result: The cost of care is rising far beyond the ability of most families to pay. And adult children, often lower-income women, are being forced to leave their own jobs to care for parents. Low Pay, High Costs According to the Bureau of Labor Statistics , the average hourly pay of a personal care aide last year was $16.78, up by almost one-third from $12.71 in 2019 . And it very likely will be even higher in 2025. But that is only part of the story: The actual cost to families for aides hired though an agency is twice that. The Genworth/CareScout cost of care survey reports the cost of an aide rose from $23/hour in Show less Read more
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