Shares of Addus HomeCare (ADUS) and Aveanna Healthcare (AVAH) are moving higher after Vice President Kamala Harris proposed a new Medicare benefit for in-home eldercare that would cover long-term home care services, including health aides. Harris discussed the proposal, which was reported earlier today by the Wall Street Journal, while appearing this morning on ABC’s The View. The Vice President said the proposal would ease the burden on working adults responsible for aging parents and raising children. “It’s just almost impossible to do it all. Especially if they work – we’re finding that so many are then having to leave their job,” Harris said.
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