Posted on Dec 5, 2018
America’s population is aging faster than ever, with a sharp uptick in the number of people entering the Medicare system over the past decade. Between 2017 and the end of the first quarter of 2018, 1.2 million “baby boomers” became Medicare beneficiaries, bringing the total number of beneficiaries in the program to a staggering 58 million U.S. citizens. This rapid aging of the population has given rise to expanded hospice and home health care admissions. Unfortunately, regulations governing the operation and safety of home health care services have lagged behind, leaving many elderly patients vulnerable to neglect, abuse, and financial fraud. While insurance for home health care providers forms the foundation of risk management, government regulations must be strengthened to protect our aging population.