More people are living longer lives, and as a result many people are going to need long-term care. This type of care is very expensive, but technology can go a long way in helping to defray some of the costs. Technology is helping to reduce the costs of long-term care in many ways from remote monitoring to telemedicine. Remote monitoring can be a way for friends or family members to keep tabs on a loved one even if they are across the country. This type of technology can be as simple as using skype or video monitoring and can eliminate the cost of hiring an aid to monitor the patient. This article also discusses devices that can take a patient’s vitals and alerts them if they need to take their medicine.
See Donna Fuscaldo, Long-Term Care: How Technology Can Defray the Cost, Investopedia, December 31, 2015.
