Dossier
American Council on Aging
Coverage of American Council on Aging in the Nexus archive.
- Care for seniors is sucking wealth out of families — especially in Ohio
Long-term care for seniors in Ohio is draining family wealth as costs rise, with Medicaid requiring individuals to deplete assets below $2,000 to qualify. A Roosevelt Institute study shows even upper-middle-class families often rely on Medicaid after spending down savings, exacerbating wealth inequality.