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Flash Forward

Vanguard Estates: The True Cost of Care

Flash Forward

Flash Forward Presents

Science

4.81.6K Ratings

🗓️ 28 November 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

In this series, we’re taking a look at some of the real science, policy, economics, law and ethics that inspired the events of Vanguard Estates. Today we’re digging into the economics of senior care — both for the families and individuals who need care, and those who provide it. Guests: Laurie Orlov: founder of Aging and Health Technology Watch Dyvonne Body: community development specialist for the Federal Reserve Bank of New York, lead author of The True Cost of Caregiving report. Nikki: care partner & founder of A Log Cabin in Brooklyn Dr. Alana Lee Glaser: assistant professor of anthropology at Saint John's University Kate Swaffer: activist & author, co-founder of Dementia Alliance International Dr. Clara Berridge: associate professor at the University of Washington School of Social Work Victor Wang: CEO of care.coach → → → Further reading & resources here! ← ← ← Flash Forward is hosted by, Rose Eveleth and produced by Ozzy Llinas Goodman. The intro music is by Asura and the outro music is by Hussalonia. The episode art is by Mattie Lubchansky. Get in touch: Twitter // Facebook // Reddit // [email protected] Support the show: Patreon // Donorbox Subscribe: iTunes // Soundcloud // Spotify Episode Sponsors: Tavour: Tavour is THE app for fans of beer, craft brews, and trying new and exciting labels. You sign up in the app and can choose the beers you’re interested in (including two new ones DAILY) adding to your own personalized crate. Use code: flashforward for $10 off after your first order of $25 or more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello there, Rose here again, and this is our fourth episode, exploring the real stuff

0:13.1

that inspired the Welcome to Vanguard States series.

0:17.0

Today, we are talking about money, and I will say off the bat here that this episode

0:22.2

is mostly going to talk about the economics of care work in the United States, which

0:27.4

is not necessarily how it works globally.

0:31.3

So yes, international listeners, I know we're doing a US-focused episode, I'm sorry, this

0:36.3

is how it is.

0:37.3

The story that you heard is set in the US, and there's just like no way for us to cover

0:40.6

how this works everywhere.

0:42.3

So with that apology slash disclaimer out of the way, let's talk about money.

0:47.9

First, we're going to talk about how expensive it is to get care, and then we're going to

0:52.8

talk about how hard it is to work in the care industry and make a reasonable living,

0:57.5

so sort of two sides to the same coin.

1:01.2

As part of my research for Welcome to Vanguard States, I spent a lot of time on Reddit,

1:06.4

reading posts from people struggling to help support their loved ones.

1:10.3

And a lot of the scenarios and conundrums that you heard in the various storylines in Welcome

1:15.0

to Vanguard States came from real situations that I found in these threads.

1:20.0

And that includes, by the way, the incredibly predatory loan that the father signs up for

1:25.2

in one of the storylines.

1:28.3

Last week, you heard all about the various technologies that can be useful for folks

1:31.8

as they age.

1:33.6

And when I asked Lori Orlov, our industry analyst, you heard her on last episode too, about

...

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