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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

Understanding What Happens to MediSave Account After 55 in Singapore

Upon turning 55, Singaporeans experience significant shifts in their Central Provident Fund (CPF) structure, most notably the creation of a new Retirement Account. Understanding what happens to MediSave account after 55 is crucial for effective retirement planning and ensuring your healthcare needs remain covered in your golden years.

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4 min

Do Canadians have to pay for nursing homes? Understanding the costs of long-term care

According to a 2023 working paper, residents cover approximately 21.6% of nursing home costs in Canada, while government funding covers the remainder. The answer to "Do Canadians have to pay for nursing homes?" is yes, but the costs are shared between the government and the resident, with the precise amount varying significantly by province and individual financial circumstances. This differs from hospital and physician care, which are fully covered by provincial health insurance.

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4 min

Which payer provides the most financial support for nursing homes?

According to a May 2025 report from KFF, Medicaid is the primary payer for over 60% of nursing facility residents in the United States. This makes Medicaid unequivocally the largest financial supporter of nursing homes and long-term care services across the country. The system is complex, however, involving a mix of government programs, private insurance, and out-of-pocket spending, all of which contribute to the funding landscape.

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