Question

• Given the increasing longevity of Americans and the costs of providing long-term care, anticipation of the costs should be a major element of every family's financial planning. Current information suggests however, that very few families or individuals give this consideration. What factors might impede this advance planning? What measures might be effective in raising awareness among Americans about this important matter?

Answer 1

Usually, when the budget planning in a family focuses on education, housing ka, and other activities normally we have never seen and normal family that prioritizes health and create a separate budget for health planning.

Accidents and diseases of unpredictable can happen at any time, no matter age, sex, or any other criteria. So it's important to have a healthy budget for each family and individual to avoid financial burden during this crisis. Since it is unpredictable when it happened, people who don't have insurance or any other similar facility will dragon a crucial financial crisis. It ended up with a major tragedy. It can happen to trauma to the physical and mental stability of a person.

Unfortunately, even after many incidents, the people of focusing on many other activities instead of creating a separate budget for help planning, especially e middle age people are not focusing on their plan like after retirement when they don't have any income, or they are not working during this period the person or get all. There is more prone to get diseases during this time; it won't be easy to manage such a situation.

So people should be aware of the importance of health planning and budgeting for healthcare. This can be informed them by health education and other activities by government or nongovernmental organization.