Long Term Care - It’s Not Just for Seniors Anymore
March 21, 2008
A conversation has started in this country. People are concerned about the costs of long term care as the baby boomers age. But it isn’t just the graying of America that poses the problem. We can expect our current population to need long term care much sooner than previous generations, due to an increasing rate of obesity, diabetes and heart disease in our young.
Long Term Care - What are your plans?
August 4, 2007
Please share your plans for the future, because inquiring minds want to know: How are you planning to pay for your long term care costs, if you are among the 50% or so of Americans who need care?
- Will you depend upon your children long term care?
- Does your financial planning involve “spending down” to poverty levels, so that the government will pay for your long term care?
- Do you plan on killing yourself if you need care? If so, do you have an actual coordinated plan of action, or is this simply a pipe dream?
- How might Long Term Care Insurance benefit you?
- Maybe you’re tremendously wealthy and can afford to private pay. Perhaps you’re so wealthy that you can afford to set up some form of Trust. If so, would you please shed some light on why you find either choice preferable to long term care insurance protection?
We’d love to know what folks are thinking, so please enter your plans for long term care into the Comment Box below.
Your Comment will be posted in this category once it has been moderated ( this keeps out spam ), so come back to see your post and any replies!
Supreme Court Stabs Seniors, Women & Our Economy in the Back
July 13, 2007
It’s hard to believe that 9 people, some of whom are getting up in years themselves, would make a judgment that could so harshly affect the sick, elderly and disabled, as well as their caregivers. Yet that’s exactly what happened on June 11th when the Supreme Court ruled that Home Health Care (HHC) aides, who provide “companionship services”, should be lumped in with baby-sitters as “casual workers”. No matter how many long, hard hours a day they work, this ruling exempts HHC workers from the Fair Labor Standards Act and leaves 2.1 million workers ineligible for
minimum wage or overtime pay or benefits.
You might be wondering how this Supreme Court decision adversely affects senior citizens, women and our economy. Here are the cold, hard facts.
* Long-distance Caregiving: The Challenges
February 18, 2007
Caregiving is a challenge in every case, but long-distance caregiving can become a nightmare without advance planning.
[Read more]
* Are You Willing to Gamble You Won’t Need Insurance for Long Term Care?
February 13, 2007
If it wasn’t clear before, it sure is now - There will likely be long term care in your future. If it isn’t you who needs care, then the percentages are high that you will be in the position of a caregiver.
This heartbreaking quote is just the tip of the iceberg with this personal account of the elder care journey:
“Had I only known to insist that we buy Long Term Care Insurance for them prior to their illnesses, their many years of in-home care could have been paid for and I could have saved myself so much heartache, not to mention a small fortune.”
Technorati Tags: home care
Caregiving Comfort: A Family Caregiver’s Portable Support Group
February 4, 2007
A caregiver needs all the support that can be had, but all-too-often a caregiver cannot find time and energy to attend scheduled support groups. Imagine the usefulness of a portable support group you can carry with you anywhere and access whenever you want. That’s what we can have in Carol Bursack’s touching little book, “Minding Our Elders: Caregivers Share Their Personal Stories”.
Friends and Family Will Be Tapped for Long Term Care
November 15, 2006
WASHINGTON — More than 1/3 of U.S. residents contacted indicated they would turn to family and friends for long term care, a
new survey shows.
Technorati Tags: long term care
Medicaid Falls Short for Nursing homes..
October 26, 2006
Reflecting a national problem, leaders of North Carolina’s nursing home and long-term care facilities say that the money which Medicaid provides for patient care simply isn’t enough to cover costs.
Caregiver Contracts Make Things Clear..
October 22, 2006
Caregiver contracts are a new option for caring for aging elders. Use these formal agreements set up by an attorney.
Caregiving’s Costly Burden..
October 1, 2006
Hey - If I had known that official government policy toward caring for elderly parents was that their children would have to do it all, well I would have had 10 kids.
