Residential Care Home Facilities Report
The Bermuda Health Council announced the release of its 2024 Residential Care Home Facilities Report.
A spokesperson said, “As the island faces a projected 31% increase in residents aged 65 and older by 2029, this report highlights the current landscape of residential care in Bermuda, revealing significant trends and challenges in providing care for the island’s aging population.
“With the demand for residential care beds expected to surpass current capacity, the report emphasizes the urgency of addressing the demand for residential care beds, enhancing regulatory oversight, and improving financial support for families and care facilities.
“Key insights from the report include:
- Bed Availability: Bermuda’s 19 licensed rest homes and nursing homes face fluctuations in bed availability driven by staffing challenges, resource limitations, and facility capacity.
- Care Home Fees: In 2023, the average monthly care home fee was $5,147 for rest homes and $5,441 for nursing homes imposing financial pressures for many families.
- Recommendations: The report outlines recommendations to improve Bermuda’s residential care infrastructure, emphasizing the need for better financing options and increased regulatory support to ensure long-term sustainability.”
“This report is an essential tool in addressing Bermuda’s growing need for quality residential care,” said a Health Council Spokesperson. “The findings highlight the importance of planning now to ensure all residents have access to affordable, high-quality residential care.”
The full 2024 Residential Care Facilities Report follows below [PDF here]:
Is this another attempt to steal that little bit of money from the people who may have scraped by, lived frugally, bought a home to received nothing, while others who have great wealth spend a drop in the ocean and those who partied and rent get given all the money to be in a retirement home for free. There is no equity, the PLP want to make everyone but their elite rich.
Someone is going to do a PPP and rake it in. Wonder which if the PLP masters are going to get rich off this one.
Now we have created a division beween those seniors who worked two jobs saved their money lived frugally and sacrificed all the luxuries , compared to those who did the exact opposite.
I spoke to a young man yesterday day who i know well however in his excitement he informed me that he has just purchase a new $40,000 S.U.V.
I was tempted to say to him at you age why did you not invest in real estate.
I found my self have no choise not to pursue the matter, but simply to shut up .
” No body can turn back the clock”.
” He who makes his own bed ,so shall he lay in it”.
What is wrong with our young Bermudian people. to day is it wanting a life of want , they will be always be wanting.
Today on reflection , i ask my self why does he think that there is no tomorrow.
Same day spoke to a young married Bermuda born female, a the topic of the future came up, did she give me a ear full of all her hopes and dreams she is looking forward to her own a consulting business first and later a home.
” The smart Sparrows always build the nest first ! ”
Relating to the question of the young car buyer who starts his life off in debt for all its pleasures .
We already know the answer !
He has got lots of supporters who are wasting millions twice a day while waiting at Paget trafic lights .