Rising Long-Term Care Costs Prompt Need for Financial Reforms in Germany
A new report from Barmer reveals that long-term care in Germany is becoming more expensive due to increased care durations, now projected to average 7.5 years per individual. This shift stems from a 2017 policy change that expanded eligibility for care benefits. Barmer CEO Christoph Straub calls for urgent financial reforms to support millions of care recipients and their families as costs rise significantly, with personal expenditures expected to increase by 50%. Political challenges complicate the implementation of these necessary reforms.