As President Trump moves to reduce the number of immigrants, retirees will see an increase in price for assisted care and nursing facilities. In turn, this could force seniors out of their homes and cause them to spend substantially more on these health care needs. Approximately one in four homecare aides are undocumented immigrants, forcing Latino and Muslim nurses to worry about potential deportation. If this correlation continues, seniors will be forced to spend more or undertake a lower standard of living. Ultimately, the trend shows that Trump’s immigration policies will cause a decrease in the availability of long-term care needs for seniors.
See Ted Knutson, Trump Immigration Moves Could Mean Big Bills for Seniors, Financial Advisor, February 17, 2017.
