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
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.
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
“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 [...]Tags: C.L.A.S.S. Act, class act, Financial Services, Florida, health care reform, Insurance, long term care, long term care insurance, Medicaid, Medicare
As November draws to a close, I wanted to raise awareness for Diabetes Awareness Month (November). There are great resources at http://stopdiabetes.diabetes.org as well as related articles at the links provided below. My mother was diagnosed with Type II Diabetes many years before she passed away, so I learned about this disease through that [...]Tags: American Diabetes Association, Diabetes Awareness Month, Diabetes mellitus type 2, elder care, long term care insurance, Medicare, senior care
With the advent of the CLASS Act (next phase of Health Care Reform), last year’s implementation of a mega reduction in Medicare benefits phased in over the next 9 years, and the current tougher laws for accessing Medicaid’s long-term care services, it’s great timing that this month is National Long Term Care Awareness Month (Nov. [...]Tags: class act, health care in retirement, health care reform, health insurance, Home care, long term care, long term care insurance, Medicaid, Medicare, Nursing home, United States