What are financial and social differences of aging in place versus in a nursing home or other facility?

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What are financial and social differences of aging in place versus in a nursing home or other facility?

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Provide a thorough explanation of what entails long-term care. What are the current mechanisms for paying for long-term care? Explain how they are or are not adequate. What are financial and social differences of aging in place versus in a nursing home or other facility? Provide policy recommendations on how to best meet the long-term-care needs of an aging population. Feldstein, P. J. (2019) Financing long-term care. In Health policy issues: An economic perspective. (Chapter 37, pp.605-619) Chicago, IL: Health Administration Press. Warshawsky, M. (2017) The Urban Institute model of financing long-term services and supports: A critical review. Health Affairs Blog. Retrieved from https://www.healthaffairs.org/do/10.137