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.Tags: Alzheimer's, health care in retirement, health care reform, how to make long term care affordable, long term care, long term care insurance, The Long Term Care Lady
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.Tags: Independence, Independence Day, July 4th, long term care, long term care insurance, LTC Financial Partners
Are your caring aging parents still living in their home? June’s National Home Safety Month offers you the perfect opportunity to ensure that their home is as safe on the outside as it is inside. Nine out of ten thefts against Senior citizens are property thefts. Taking an assessment of the exterior of their home and making corrections and repairs as needed can prevent many of the accidents, injuries and crimes against senior citizens. Ask yourself if outdoor area of their home conforms to these standards?Tags: Exterior Safety, long term care, long term care insurance, Medicaid, National Home Safety Month, Parent, Senior citizen, Senior Safety, The Long Term Care Lady
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.Tags: long term care, long term care insurance, Medicare, Nursing home, The Long Term Care Lady
June is National Home Safety Month: Keep Your Aging Parents Safe –Home Security and Burglary Prevention
June is National Home Safety Month and the perfect opportunity to ensure that your aging parents’ home is as safe and secure from home intrusion and theft. Nine out of ten thefts against Senior citizens are property thefts. The FBI reports that homes where women or senior citizens are alone are prime targets for home invasions. There are many things that can be done to increase the level of protection for women or seniors that are alone in an apartment or a house for long periods during the day or evening.Tags: Burglary, Crime, Home invasion, long term care, long term care insurance, Senior citizen, The Long Term Care Lady, Theft
June is National Home Safety Month and the perfect opportunity to ensure that your aging parents’ home is as safe for them as the home they raised you in was for you. Fires and burns are second largest cause of accidental injuries and deaths in the home for aging adults. Actual burns or asphyxiation from smoke or toxic fumes are the major problems and Senior Citizens are frequent victims. Fire and burns in the home cause over 3900 deaths each year. The Center for Disease Control offers the following tips to help you prevent a fire in your parent’s home.Tags: Accidental Burns, Centers for Disease Control and Prevention, long term care, Smoke detector, The Long Term Care Lady, United States Department of Health and Human Services
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.
Many companies seem conflicted by a key part of the recent Health Reform legislation, the CLASS Act, which will offer a form of long term care insurance for working people who may become disabled. “CLASS” stands for Community Living Assistance Services and Supports, and the program, a legacy of the late Senator Edward Kennedy, is [...]Tags: C.L.A.S.S. Act, Employee benefit, employee benefits, Financial Services, florida insurance, Insurance, long term care, long term care insurance, LTC Financial Partners, United States
A majority of Baby Boomers who participated in a recent national survey answered wrong to “Will government programs pay for long term care services” or “Will health insurance pay for long term care services.” 54% of Boomers said that Medicare will pay for their long term care and 44% said that other Health Insurance will [...]Tags: America's Health Insurance Plans, Baby Boom Generation, baby boomer, class act, health care reform, long term care, long term care insurance, Medicare, United States, United States Department of Health and Human Services
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 [...]Tags: Elder Law, Florida, How to apply Medicaid Skilled Nursing Home, long term care, long term care insurance, Medicaid, Medicaid eligibility, Nursing home