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
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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
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News
- Enact Announces New $500 Million Share Repurchase Program and $0.21 Per Share Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- With 87% ownership, Genworth Financial, Inc. (NYSE:GNW) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Genworth Financial (NYSE:GNW) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "buy (b-)" rating to a "hold (c+)" rating.MarketBeat
- CareScout Expands National Footprint with New Tools to Navigate Long-Term CareBusiness Wire
- 1 Retirement Expense You Can't Afford to Overlook [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 2/3/26 - Form 8-K
- 1/23/26 - Form 13F-HR
- 12/4/25 - Form 4
- GNW's page on the SEC website