Use this checklist to learn about an aging loved one’s long-term care policy and the information needed to file a claim for long-term care insurance benefits.
2 CommentsThere are many considerations to take into account when buying a long-term care insurance policy. Make a better long-term care insurance purchase and save money after taking a look at these factors.
25 CommentsHome care payment options include Medicare and Medicaid plans, but VA benefits and long-term care insurance may also help pay for care.
28 CommentsMost seniors cover assisted living costs with savings, Social Security, retirement funds, and home equity. Some government programs and financial tools may help, too.
38 CommentsPlanning ahead for your elderly parent's long-term care can save the rest of the family both emotional and financial distress. Help your parents avoid financial pitfalls with these 3 financial strategies for planning future care.
29 CommentsLong-term care insurance rates for women could soon rise by as much as 60 percent. Find out why and how to avoid price hikes.
1 CommentSome long term care insurers offer policies where two people share one pool of benefits, known as "shared care" policies.
2 CommentsGenerally, the younger you are at the time you purchase, the less expensive the premium and the greater the likelihood you will be health-qualified and accepted for coverage.
6 CommentsLong-term care insurance can be a sound investment, potentially saving you and your loved ones thousands of dollars in future care. Shared long-term care insurance plans may offer a cheaper alternative.
2 CommentsAt what age should you purchase long-term care insurance? The younger you are, the lower the premiums, but there are risks and benefits to the timing of starting a long-term care policy.
52 CommentsLong-term care insurance policies cover the cost of assisted living, nursing homes, home health care and other services related to long-term health care.
8 CommentsIf a person dies and does not use their long-term care insurance, the premiums are not refundable.
2 CommentsInflation protection on a long-term care insurance policy makes sure that your policy keeps up with the rising costs of home care, assisted living and nursing homes.
0 CommentsEveryone, regardless of age, should consider long-term care insurance to pay for the cost of home care, assisted living or nursing homes.
4 CommentsThe age limit for buying long-term care insurance is usually 84 years old.
0 CommentsChecking your parent's insurance coverage will not be your most exciting caregiver assignment, but it may prove to be one of the most important.
4 CommentsLong-term care at home provides seniors the opportunity to age in place. Various care options and financial support programs are available to assist.
0 CommentsFamily caregivers face a great deal of emotional, physical and often financial stress. While your focus may be on managing an aging loved one’s health care and money, it’s crucial to make your personal finances a priority as well.
1 CommentMedicare does not cover the cost of adult day care, but seniors can receive financial assistance and respite care services through Medicaid, the VA and other community support programs.
26 Comments