Elder Care Information |
|
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. Paying the high cost of Elder Care can cost a family thousands of dollars a month. Too many families are unaware of how utilizing a loved one's life insurance policy can not only pay for Assisted Living and Nursing Home care, but can maintain the standards of living for the remaining spouse. Not too many financial specialist inform their clients who have purchased life insurance policies with a death benefit over $250,000 that they can utilize a somewhat unknown option on their life insurance to pay for the high cost of Elder Care. It is called a Life Settlement and it can fully take the financial burden off of families who struggle to keep their loved one in a quality facility. A policy owner has the right to sell his or her life insurance policy to an institution for signifantly more than the cash value of the policy. For example, a life insurance policy with a $500,000 death benefit and a $75,000 cash value can be purchased for $250,000 and up. This money can be used now to pay for assisted living, nursing homes as well as in home services also. The procedure is relatively quick with minimal paperwork. It is senseless to struggle financially to pay for the needs of elderly loved ones when they can utilize their life insurance policy to pay for care. Many, many times life insurance policies lapse when a loved one goes into assisted living or a nursing home just out of financial neccessity as well as through medicaid planning. Instead of letting a policy lapse or into surrendership, smart families are looking into life settlements as a funding source for the high expense of Elder Care. Chuck Bongiovanni, M.S.W. has been helping seniors and their fanmilies for over 20 years in the assisted living industry. Chuck can help your family investigate your options for paying for Elder Care through a Life Settlement. You can go to his website at http://www.LifeTransitionsOnline.com or call him directly at 480-703-7005.
MORE RESOURCES: 'Failure of government': Nunavut elder care needs to be brought home, federal minister says - CBC.ca The dual challenge of the "sandwich generation": Raising children while caring for aging parents CBS News Long-Term Care, Retirement Home and Elder Care Lodge Resources | HKPR District Health Unit Haliburton, Kawartha, Pine Ridge District Health Unit As LI’s older population grows, so does the need for elder care services - Long Island Business News As LI’s older population grows, so does the need for elder care services Long Island Business News Biden administration imposes first-ever staff minimum for nursing homes The Washington Post With dementia rates projected to rise, northerners call for better elder care in Nunavut Nunatsiaq News The pandemic exposed staff shortages at nursing homes. A new White House push aims for a remedy Yahoo News Canada Winnipeg's home-style elder care cottages – Winnipeg Free Press Winnipeg Free Press MLAs still fighting for Elder care closer to home Nunavut News Biden administration sets nursing home staffing minimums Medical Xpress MLA presses government on status of elder-care home work Nunatsiaq News Breaking down stigmas to redefine and enrich elder living Mobihealth News Could a robot keep grandma company? UBC IDEA lab experiments with AI for elder care - Ubyssey Online Elder care lodge gets $2.9M from feds The Brandon Sun Biden's Nursing Home Mandate Will Do To Rural Senior Care What Obamacare Did To Hospitals Science 2.0 Ontario Breaks Ground on Long-Term Care Home in First Nation Community Government of Ontario News A fire, two deaths and the business of elder care in India Al Jazeera English Creating 'centres of excellence' will help improve senior care in hospitals, says health minister CBC.ca Whatever Happened to All Those Care Robots? The Atlantic FPT Health Ministers’ Meeting Ends In Disappointment With No Immediate Action For Struggling Workers SEIU Healthcare Biden administration unveils new rule on nursing home staffing levels • Indiana Capital Chronicle Indiana Capital Chronicle Elderly Care Market To Reach USD 1,902.7 Billion By 2032 GlobeNewswire Senior hospitalized with multiple infections suffered neglect in care home, children allege - CBC.ca Aging Answers: EP Magazine [Podcast] The National Law Review Perley Health Foundation reaches $10M goal to transform elder care – Ottawa Business Journal Ottawa Business Journal LGBTQIA+ seniors have limited choices for aged care. Julie Peters went searching for options ABC News Frailty Coordinator Lauren Jefferson supports seniors in their health care journey Nova Scotia Health Authority Connecting Ontarians to The Tools They Need to Stay Healthy This Respiratory Illness Season | Ontario Newsroom Government of Ontario News The Elderhood Care Team: Bringing medical house-calls to elders - The Seeker Newsmagazine Cornwall The Seeker Facing Financial Ruin as Costs Soar for Elder Care The New York Times Seniors spend thousands on dental work, suffer in pain or wind up in ERs. Will Canada's plan help? CBC News Personal support worker facing charges after alleged elder abuse at care home in Vaughan: police CTV News Toronto Rock and Roll and Elder Care in “Goldie” The New Yorker Hôpital Glengarry Memorial Hospital Embarks on Transformative Elderly Care with the Implementation of the Hospital ... Cornwall Seaway News BC's long-term care homes are failing our seniors The Georgia Straight As America ages, there are few doctors who specialize in seniors’ care The Washington Post VR can help seniors in nursing homes with mood, memory and loneliness The Washington Post NYU study finds understaffed nursing homes in disadvantaged areas more likely to give antipsychotic drugs Crain's New York Business Mohawk elder-care home project breaks ground The Intelligencer Blessing of Unicorns: Liberalism, children, eldercare, the Lyceum movement, and beautiful writing Current Ontario Breaks Ground on Long-Term Care Home in Scarborough Government of Ontario News Retirement and loneliness: 3 tips for seniors to combat sadness during their golden years - Fox News The only long-term care home in Fort St. John, B.C., is failing seniors, family members say - CBC.ca How will AI affect care? Let us count the ways McKnight's Senior Living B.C. seniors' care home system criticized CityNews Vancouver Asahi Kasei Microdevices Unveils Radar Technology for Car Safety and Elder Care at CES 2024 | 2023 | News | Asahi ... Asahi Kasei Corporation Elder care home under construction on Tyendinaga Mohawk Territory Ontario Construction News Your View: Increased Medicaid funding for senior services can restore access to care for older Pennsylvanians The Morning Call Paying for Long-Term Care | National Institute on Aging National Institute on Aging Construction underway on upgraded Village Green in Napanee, Elder care home on TMT The Napanee Beaver |
RELATED ARTICLES
The Best Investment You Can Make Right Now: Long Term Care Insurance Don't think you need it? Consider this: a full 50% of Americans over the age of 50 will need long term care at some point in their lives. The average cost of nursing facility care (or home health care assistance) is $61,000 per year, and the average stay in a long term care facility is 2 years. 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. Just Give Them a Lot of Love and You'll be Fine It was right about this time, 19 years ago. My wife and I were sitting in the very last Lamaze birthing class, soon to be brand new parents. What About Tennesse Dept. of Human Services Abuse of the Elderly and Their Families? PART I: Physical Abuse of the Elderly vs. Tennessee DHS Abuse of FamiliesDuring the week of October 26, 2003, newspapers across the state of Tennessee published an Associated Press story that featured the glaring news headline, "Reports of neglect and abuse of senior citizens up 40% in six years. 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. 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. 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. Skilled Nursing Homes - What Are They? A skilled nursing home is a medical facility providing services similar to a hospital. The homes are staffed with licensed nurses, shared rooms, hospital beds, regular scheduled doctor rounds, meals and housekeeping. 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. Strategies on Paying for Nursing Home Care and Medicaid The decision to place your loved one into a nursing home is anextremely difficult decision, often causing much guilt for thecaregiver. It is a very emotional decision for most clients we see andmost are under a certain amount of stress, often great, when facing whatthey consider to be a drastic course of action. Assisted Living Facilities - What Are They? Assisted Living facilities are generally for person's 60 years of age and older. Typical candidates need assistance with "Activities of Daily Living" (ADLs), but wish to live as independently as possible. Alzheimers Care Giving While Maintaining Your Own Health Just for a moment I want you to imagine that you are coming out of a very deep sleep. If you have ever had surgery try to remember the way you felt as you were trying to make sense of things as you awoke. What You Need to Know About Helping Senior Citizens IntroductionThe baby boomers is the population which haven taken birth after second world war till 1965 when there was a tremendous increase in birth rate due to the social and economic development in the USA. Now this population is going into the old age and thus bringing a burden to the nation as the country has to take care of not only the food and shelter but also the medical care. New Hope for Alzheimers Treatment There is now widespread agreement among research scientists and medical professionals that Alzheimer's Disease (AD) is a problem quickly growing to vast proportions. As the life expectancy of Americans continues to rise, increasing the percentage of the population over 65 years of age, so does the number of Alzheimer's cases. Marketing, Selling, and Serving the Older Adult, Senior Citizens, Family Caregivers Are your clients pleased by the fine quality service that you provide? Validating your clients' endorsement of you through Certification as a Senior Approved Service will increase your client base. Senior Approved Certification leads a family towards a service like yours side stepping the possibility of connecting with a less than desirable service. 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. 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. 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. Mom Wont Participate! Q: Six months ago we placed my mother in an assisted living facility. She gets along fairly well, but we thought she would get involved with all of the activities. When the Box is Empty The King had a modest kingdom. He was Danish. |
home | site map |
© 2009 Asteroidsearch .com |