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Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.
In the United States, for example, a 1997 study estimated the labor value of unpaid caregiving at US$196 billion, while the formal home health care work sector generated US$32 billion and nursing home care generated US$83 billion. [69]
In New York State, for example, "home health care" is used to describe medical services performed at home by a healthcare professional, whereas "home care" describes non-medical, private duty care. Other states do not make the same distinction, but the difference between the two must be accounted for when dealing with Medicare reimbursements.
The median monthly cost to live in a nursing home is $7,908 ... Medicare will pay for a nursing-home stay if it is determined that the patient needs skilled nursing services, such as help ...
This program prompted many new nursing homes to be set up in the following years, although private nursing homes were already being built from the 1930s as a consequence of the Great Depression and the Social Security Act of 1935. Medicaid, the Nation's poverty program, often funds programs such as nursing beds as residents may be "impoverished ...
By comparison, the average assisted living staff provides only about 2 hours and 19 minutes of total direct care and 14 minutes of licensed nursing care per resident per day. [ 19 ] Live-in caregivers can provide other benefits like in-home cooked meals, medication monitoring, transportation, social interaction, and other valuable benefits.
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