What’s the Latest Trend in Long-Term Care Insurance?
The availability of long-term care insurance policies is continuing to decline, even as the need for such care is growing, an interagency task force led by the Treasury Department has said.
How Do I Keep My Assets from the Nursing Home?
Nursing homes are expensive with an average cost in the United States of $7,698 per month (2020 average). Most people cannot afford this expense, but they are in desperate need of the services provided by nursing homes (long-term care facilities).
Why Did Trump Consider Reforming Long-Term Care Insurance?
Two years ago, the Trump Administration quietly began a review of the nation’s long-term care (LTC) insurance system, focused primarily on ways to enhance private coverage.
What Will Biden Do with Medicaid, if Elected President?
Likely Democratic presidential nominee Joe Biden has proposed a major new initiative to encourage state Medicaid programs to expand home and community-based care for low-income older adults and younger people with disabilities.
Where are the Worst Nursing Homes in America?
The nursing homes with a history of providing subpar care previously hadn't been identified for a government list.
What Should I know about Financial Powers of Attorney?
Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.
What Should I Ask, If My Mom Is in a Quarantined Facility
It can be frustrating and nerve-racking when you can't see a loved one face-to-face — a fact that so many family members with loved ones in assisted living or nursing home facilities are discovering during the coronavirus outbreak. To protect those who are most at risk of complications from the disease caused by the coronavirus, COVID-19, health officials have announced strict rules for some facilities with vulnerable older residents.
Will Mom Get a COVID-19 Stimulus Check in the Nursing Home?
As part of the CARES Act, the majority of Americans, including those who are elderly and on fixed income, will receive a one-time stimulus check from the Internal Revenue Service (IRS).
How to Talk to a Parent Suffering from Alzheimer’s or Dementia during the Pandemic
We are at a critical time during the COVID-19 pandemic. While everyone is on edge, and being inundated with news headlines and new statistics, one population we should keep top of mind is our older friends and families, especially those with cognitive impairment, dementia and Alzheimer’s disease.
How Do I Protect Property If I Need Long-Term Care?
Did you know that 70% of adults over the age of 65 are predicted to need some type of long-term care for an average length of three years? While thinking about your future, you’ve likely already planned financially, but have you considered your long-term care options?