Care for seniors is sucking wealth out of families — especially in Ohio

By: Marty Schladen

Outlets: Ohio Capital Journal

Published: May 28, 2026

Words: 739

Last Updated: 1 month, 4 weeks ago

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Non-wealthy Americans are taking economic hits from all sides these days. Gas, groceries, housing, utilities and healthcare are all necessities and they’re rapidly getting more expensive.

Less well-known is another necessity — long-term care for seniors — that is also costly and getting costlier. And, because of the way it’s financed, it’s sucking vast amounts of wealth out of the upper middle class on down, a study published in April by the Roosevelt Institute …

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