Archive for the ‘Medicaid’ Category

Alzheimer’s and Long Term Care

Alzheimer’s and Long Term Care

Alzheimer’s is the sixth-leading cause of death in the country, the fourth-most common reason for needing long term care. It is also the only cause of death among the top 10 in the United States that cannot be prevented, cured or even slowed. Based on mortality data from 2000-2008, death rates have declined for most major diseases while deaths from Alzheimer’s disease have risen 66 percent during the same period.

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Is Long Term Care Insurance Worth it?

Is Long Term Care Insurance Worth it?

The recent decision by the Obama administration to abandon the long-term-care provision in health-care reform turns the issue of how to pay for the vastly expensive Home care, assisted-living or nursing-home long term care, that 7 out of 10 Americans* will require, back to the individual. This turn of events coincides with National Long Term Care Awareness Month in November, and offers a timely opportunity to evaluate your future options for long-term care. Each American has to measure the value and their risks when determining if Long Term Care insurance is worth it.

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Protecting the Independence we Celebrate on July 4th

According to the U.S. Department of Health and Human Services, “At least 70 percent of people over age 65 will require some long-term care services at some point in their lives.” After the age of 65, 70% of people will need long-term care. Additionally 40% of the people receiving long-term care are working age adults between the ages of 18-64. The statistics speak to prudently looking at your risk of losing your independence.

Independence day is the perfect opportunity to ensure that you and your family will remain independent if the need for long-term care arises? This advice comes from LTC Financial Partners, a leading long-term care insurance agency representing multiple carriers.

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What Will Long-Term Care Cost You and Your Family? 3 in 4 Need More

The U.S. Department of Health and Human Services warns, “Contrary to what many people believe, Medicare and private health insurance programs do not pay for the majority of long-term care services that most people need—help with personal care such as dressing or using the bathroom independently. Planning is essential for you to be able to get the care you might need.” The nationwide campaign 3 in 4 need more is dedicated to educating Americans on planning for their long-term needs.

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Will State and Federally Funded Programs Cover My Long Term Care Needs? 3 in 4 Need More.

Will State and Federally Funded Programs Cover My Long Term Care Needs?  3 in 4 Need More.

According to the U.S. Department of Health and Human Services, “At least 70 percent of people over age 65 will require some long-term care services at some point in their lives.” Once reaching the age of 65, 3 out of 4 Americans will need long term care. The nationwide campaign 3 in 4 need more is dedicated to educating Americans on planning for their long-term needs.
Will state or federally funded programs cover your long-term needs? To answer that question we need to look at the two government funded programs they assume might meet their needs.

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How To Avoid Mistakes Applying for Medicaid Long Term Care

Below are excerpts and links to a great article written by Janet Colliton, Esq., Colliton Law Associates PC, who limits her practice to the area of Elder Law and Estates.  The maze is overwhelming and there are many pitfalls to applying for Medicaid skilled nursing  facility long term care services, so you should seek the [...]

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What Health Care Reform Doesn’t Cover

This past week’s article on BNET CBS Interactive Business Network website by Ken Terry, is a short but worthwhile review of the long term care industry and the CLASS Act, a new long term care entitlement program to be implemented in 2012 if it survives repeal. This new program “creates a modest long-term care benefit [...]

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LTC Insurance Carriers Request Premium Increases

LTC Insurance Carriers Request Premium Increases

“The Sky Is Falling!”  No, it’s not!  I am amazed at how gullible some consumers can still be when they seem to believe everything written in an article generated by the media.  I’ve been a long term care insurance specialist since 1997, so based on my experience wanted to share my opinion and reaction to [...]

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Virtual Long Term Care Educational Webinar Series Announced

Virtual Long Term Care Educational Webinar Series Announced

The Long Term Care Lady(TM) announced today her Virtual Webinar Series focused on educating the public on Long Term Care Planning issues.  There will be varied topics, dates and times and even guest speakers to highlight the importance of long term care planning and the many issues surrounding this important topic. All events in the [...]

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