![]() | |
![]() | |
![]() |
Elder Care Information |
|
![]() |
Long Term In-home Care Options
Are you worried that you may lose all your life's earnings and nest egg due to the rising costs of in-home long term care? As you get older do you have the necessary finances to protect yourself from going broke while slightly incapacitated? Many seniors are worried about are worried about the costs of long-term health care. Are you worried that if something happens to you, that you may run out of money and burn thru their reserves and all your nest egg. Even be forced to sell your paid for home to survive? The costs for long-term in home care are rising, just like the current costs in health care. The average nursing home stay is 2.5 to 5 years of care with a cost of $135.00 per day. At that rate it will not take log to burn thru piles of cash. This is a concern of seniors and rightfully so. It is very important to have long-term care insurance in order to protect your assets and give you peace of mind. You need the assurance of quality care, choice and control over receipt of care. As we get older we do not wish to burden our offspring to come take care of us as they have their own family obligations; so we will want to avoid dependence and it might be nice to receive some tax advantages too. Paying for Long-Term Care requires some strategic planning; either thru family pact to take care of you or long term care insurance. Nothing is not guaranteed and do not expect the government to foot the bill. You see medicare is great but this program may pay for skilled nursing facility care for a very short period of time - but no longer than 100 days and only when you meet all the Medicare requirements for daily skilled care. If you live in California there is Medi-Cal, but this program, called Medicaid outside California, may pay for skilled, rehabilitation and custodial care that is not covered by Medicare, but only if you first "spend-down" assets to federal and state legal impoverishment level guidelines. Can you pay for your care thru personal or family assets without selling your home? Most people provide for long-term care expenses from personal or family income, assets and resources. Your more strategic choice for Long-Term Care may involve having an insurance program. Specially designed programs to pay for long-term health care expenses are viable option. HIPAA defines Federal tax treatment of insurance policies that provide long-term care coverage. Policies that meet certain criteria are designated as "qualified long-term care insurance" and will receive certain tax incentives: the cost of coverage may be deductible and long term care benefits received will not be reported as taxable income. Please consult your tax advisor for information about your personal situation. Play it safe and know your options regarding long-term health care and know protect your assets. Think on this. "Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
MORE RESOURCES: The Coming Elder Care Challenge: More People Are Beginning To Notice Center for Retirement Research How Japan's 'Macho Caregivers' Are Revolutionizing Elder Care Tokyo Weekender Kenora plans new hospital, expansion of long-term care home constructconnect.com What can advisors do to help clients managing elder care, childcare costs Wealth Professional Healing the Sunshine State: Protect Florida’s seniors from the burden of chronic wounds Florida Politics Ontario government announces $50 million planning grant for Kenora hospital Ontario Construction News Mental health of older adults World Health Organization (WHO) Sunshine Coast elder care project uses art to ask who cares Coast Reporter Impact of Training on Person-Centered Care in Nursing Homes Bioengineer.org Brooklyn nursing home cited repeatedly before fatal attack on 89-year old resident The New York State Senate (.gov) Elders and housing top priorities in Uqqummiut Nunatsiaq News FHCA report praises performance of elderly health care facilities during 2024 hurricane season Florida Politics Ageing and health World Health Organization (WHO) Opinion | The Worst Losers in Trump’s Economy The New York Times Heart of Health: Linda Armstrong’s passion for geriatric nursing care Nova Scotia Health Changes are coming for residential aged care. Here’s what to know The Conversation Aging in Digital China: Senior influencers find new value online as China builds stronger elderly care system news.cgtn.com Older adults and population aging statistics Statistique Canada LETTER: Elder care a looming crisis for Oak Bay Victoria News Frontline Acquires Integracare, Plans U.S. Entrance; Zingage Raises $12.5M Home Health Care News Elderly care: The visible and invisible International Labour Organization Nova Scotia Health’s Dignity of Risk Program leading change in caring for older adults living with frailty and dementia Nova Scotia Health ‘Communities Should Build Elderly Services Pipeline Early’: Anni Chung, Self-Help For The Elderly India Currents Why seniors’ care should have been on the election agenda The Conversation Nursing homes receiving millions in extra taxpayer funds face allegations of poor patient care FOX 13 News Utah Elder Care Homecare Reaffirms Commitment to Providing Continuous 24-Hour Home Care in NYC. The Globe and Mail Opinion/Guest column: State headed for perfect storm on senior care Worcester Telegram Elder Care Homecare Reaffirms Commitment to High-Quality ALS Home Care in Westchester County The Globe and Mail Critics say taxpayer dollars for nursing homes should be spent on care, not new buildings FOX 13 News Utah Telangana Plans Law to Deduct 10–15% Salary of Government Staff Who Neglect Parents The Logical Indian New tracker finds rapid private equity expansion in elder care Private Equity Stakeholder Project PESP AI Companions Redefine Elder Care: 3 Ways They Fight Loneliness, Boost Safety And Scale Support Forbes NTI Invests in Community Facilities for Elder Care Nunavut Tunngavik Inc. FAU Historian Traces How U.S. Nursing Homes Evolved into Big Business Florida Atlantic University Use it or lose it: the new home care budgets you don't want to miss thesenior.com.au Youth employment and elder care: a dual challenge in Morocco AFD - Agence Française de Développement Mark Yaffe: Pioneering Excellence in Elder and Mental Health Care | Department of Family Medicine McGill University BPK student research looks to history to find a way forward for Indigenous elder care Simon Fraser University Stepping towards better health: Early Mobility team wins Nova Scotia Health Quality Award Nova Scotia Health ‘What they wanted to see’: Rankin Inlet elder facility to welcome 22 residents in April Nunatsiaq News Your Company Needs an Eldercare Policy Harvard Business Review Emotional needs and service process optimization in combined medical and elder care: A TRIZ approach ScienceDirect.com Functional Gait Training Boosts Physical Function in Seniors Bioengineer.org Recreation therapy associates at the heart of the Early Mobility Program at St. Martha’s Regional Hospital in Antigonish Nova Scotia Health Video: How the Immigration Crackdown Threatens Elderly Care The New York Times Unravelling the combination of medical and elderly care in China: a comprehensive policy analysis Nature Canada’s aging crisis and a call for reform in eldercare The Hill Times Former MA caregiver pleads guilty to stealing from patients. Here's her sentence MetroWest Daily News B.C. government close-lipped on watchdog report that finds seniors care is worsening - Vancouver Sun Bay of Quinte Mohawks donate $60K each to Elder Care Home project, Belleville General Hospital Foundation Kingstonist News NordForsk funds research on sustainable elder care Stockholms universitet Senior Citizens Resource Fair held Mid Hudson News Home care provider expands into Alabama with acquisition The Business Journals Organizations call for increased elderly facilities to address super-aging society macau daily times 澳門每日時報 Geriatrics (Older Adult Care) University of Michigan Health Frailty Nova Scotia Health |
![]() |
![]() |
![]() |
RELATED ARTICLES
The Truth About Christmas Every year, as Christmas approaches, you hear Christmas carols everywhere. Sometimes to the point where another Silent Night would make you want to silent the sound system. 5 Myths You Should Know Before Choosing Elder Care Myths associated with selecting quality nursing home care suggest quick and easy ways to identify quality care. In fact, relying on these myths can lead to disastrous results. Assisted Living: Tips on How to Choose a Facility It is easy to be fooled by fancy drapery or expensive furniture that may decorate a care facility. Even though a facility looks high class doesn't always mean the care provided is first class. When the Box is Empty The King had a modest kingdom. He was Danish. Honey, Where Are The Car Keys? Q: My mother is always losing, hiding and hoarding things, I am losing my mind! What can I do to get her to stop?A: This is a great question and I have a lot of material to work with.My grand mother had made me the most beautiful doilies. Caring for Aging Relatives It happens somewhat slowly in the beginning, maybe with a small cough that gets worse as time goes on. It might simply begin with absent mindedness which is totally out of character, followed by total memory lapses. Senior Living: 5 Ways to Help Reduce the Risk of Falling Every year we hear stories of seniors falling, ending up in hospitals and never fully recovering. Unfortunately, these falls often result in death. Why Everyone Over 50 Should be Training for the Senior Games by Phil Campbell, M.S. Caregiving Across The Miles-Tips for Successful Long Distance Caregiving Caring for a parent or a loved one is a difficult job. Your duties as a caregiver become increasingly difficult as the miles increase between you and your loved one. Review of the Changing Protein Requirements for Seniors Youth, it is said, is wasted on the young. Too busy figuring life they hardly take the time to enjoy it. Arizona Senior Housing: Care Options for Seniors Who Can No Longer Live Alone The following are a few of the care options available for seniors who can no longer live on their own and require assistance with their Activities of Daily Living (ADL), or require skilled nursing care. Every state is a little different in terms of availability and cost, state regulations, and the specific names used for each care option:Assisted Living Home- A facility consisting of 10 or fewer residents in a private home setting located in residential neighborhoods. The Dryer Ate Your Underwear! Q: My mom is in the early stages of dementia and she is also incontinent we have tried to get her to stop wearing her underpants and have her start wearing pull-up diapers, she throws the Depends out the door and puts her underpants on. Of coarse we have a lot of laundry! How should I handle this?A: This one should be fairly easy to solve. Who Wants to End Up in a Nursing Home? NO ONE! As a long-term care consultant for seniors and their families I have visited many different types of facilities. But my favorite type of facility to visit is adult family homes. Respiratory Help Is Available For Seniors With COPD As HMOs Continue to Drop Coverage for Seniors - Now Over 500,000 Victims - Those Needing Expensive Respiratory Medication, Support and Homecare Services are the Hardest HitOne Patient Advocate, Geriatric Services of America, is Providing Relief to Victimized Patients Through a Unique, Often No-Cost ProgramMore than 536,000 US senior citizens are scrambling to find new doctors or new coverage because their health plans terminated their Medicare managed-care services, according to a Nonrenewal Report issued by the Centers for Medicare & Medicaid Services for the year 2002. Among the hardest hit are seniors in California (84,000), Florida (59,000), Pennsylvania (55,000), New Jersey (53,000), Texas (46,000), and Michigan (31,000), who will be losing coverage in the coming year. Whos Gonna Take Care of You When Youre Old? I finally went to the doctor this morning for my bad cold. My appointment was for 9:30 am and yet I didn't get home until after 1:00 pm. Paying For Elder Care Just Got Easier It's not a surprise that thousands of families across the nation are facing the challlenges of an aging population. The "sandwich" generation, those who are caring for their children as well as their parents, have been feeling the financial pinch of caring for loved ones. Board and Care Homes - What Are They? Board and Care homes (also known as RCFE's - Residential Care Facilities for the Elderly) are residential private homes that have been licensed by the Department of Social Services to provide services to seniors. Most accept no more than six residents, but offer a cozy, home-like setting for frail seniors. Arizona Assisted Living: Resident Rights According to the Arizona Administrative Code (R9-10-710), those who reside in assisted living facilities in Arizona have certain rights. In addition to having the right to live in an environment that promotes dignity, independence, self-determination, individuality, privacy and the right of choice, the following are a few of the rights given to residents who reside in assisted living facilities:1. 10 Tips to Keep a Family Caregiver from Losing Their Mind Caring full time for a loved one can be a challenging task, and it takes a special person to get the job done right. Patience and compassion are the two top qualities a caregiver must possess in order to be successful. Solitary Confinement -- for Life Sixty-five year old Arthur Jones served a self-imposed life sentence - in his own home.Arthur lived in a high crime neighborhood, so he built iron cages around his outside doors and installed bars on all the windows. ![]() |
home | site map |
© 2009 Asteroidsearch .com |