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One indicator of sensible fiscal practices is maintaining balance between spending and revenues. Occasional deficits may be necessary.
Employers and policymakers can take steps to ensure that workers can balance work with other responsibilities such as providing care or managing an illness.
In addition to setting standards with respect to the minimum wage, overtime, and other factors affecting worker pay, the federal government also sets standards for workplace health and safety.
In 2020, nearly 9.5 million adults age 50 and older lacked consistent access to enough food for an active, healthy life due to inadequate financial resources.
In 2021, an estimated 58.7 million adults age 18 and older in the U.S. had a mental illness. That is 22.8 percent of all adults. Prevalence among those over age 50 is 15 percent.
The care provided in long-term services and supports (LTSS) settings is only as good as the personnel who provide it.
The primary source of public financing for long-term services and supports (LTSS) is the joint federal and state Medicaid program.
Several recent legislative efforts in Congress have included proposals that would cap the federal contribution (overall in a block grant or per person in a per capita cap) to Medicaid.
Providers of long-term services and supports (LTSS) cannot ensure high-quality services without sufficient funding.
Medicaid coverage of long-term services and supports (LTSS) provides a safety net for vulnerable older people—and younger people with disabilities—who have low incomes and few assets.