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I've been obsessed with long-term care for a while now. That's mainly because my parents both required long-term care later in their lives, but also because it's an expensive, confusing wild card in the world of #retirement plans. There are few good answers.
The #coronavirus #pandemic has had a devastating impact on both residents and staff in long-term care settings, with long-term care deaths representing 40% of #COVID19 deaths even though LTC residents are just 1% of the population. An abject failure by any measure. 
As a result of the #pandemic, many older adults and their families are reconsidering institutionalized long-term care. LTC occupancy is at record-low levels. Yet unpaid family caregivers also pay a huge toll: physical and mental health as well as career advancement.
What will this mean for individuals and the long-term care industry? I uncover 100 data points about residents, caregivers, costs, and more to understand the key issues in the long-term care space and the effects from the #coronavirus. https://www.morningstar.com/articles/1013929/100-must-know-statistics-about-long-term-care-pandemic-edition