
Vice President Kamala Harris announced a proposal for Medicare to cover long-term care at home, tackling a major expense.
Currently, Medicare does not cover long-term-care expenses, meaning Americans have to find other ways to pay for long-term care. And those costs can be high: A home health aide can cost up to $75,500 annually, according to the 2023 Genworth Cost of Care survey, while a semi-private room in a skilled nursing facility can cost $104,000.