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Category Archives: Long Term Care Planning

Choices for End-of Life Caregiving

There are many decisions to be made when imminent death is approaching for a loved one. Questions regarding what type of care, medical assistance and even physical location for their last days confront us. If care at home has been given, should loved ones be moved to a facility or remain at home? If in a care facility should they be moved home for
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Average Cost of a Nursing Home Room Tops $83,000 a Year

Nursing home and assisted living rates rose significantly from 2009 to 2010, according to the 2010 MetLife Market Survey of Long-Term Care Costs. Private room nursing home rates rose 4.6 percent to $83,585 a year or $229 a day, while assisted living facility costs climbed 5.2 percent on average to $39,516 a year or $3,293 a month. The average cost of home health care
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Forward this to your Favorite Veteran

Legal Issues with Veterans Benefits Accreditation Federal law dictates that no one may help a veteran in the preparation, presentation and prosecution of an initial claim for VA benefits unless that person is accredited. The only exception to this law is that any one person can help any veteran — one-time only — with a claim. To help any veteran a second time requires
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Are your parents financially healthy?

The Financial Health of Aging Seniors With our current economic challenges, those of us looking forward to retirement need to be well-informed about our financial needs in coming years. And not only pre-retirees, but individuals already in retirement need to be wise to the changing economic environment. The good news is there are trained professionals who keep abreast of changes in the current economy,
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Attorney Wins Landmark Settlement in Medicaid Case

The settlement of a class action lawsuit in Maryland clarifies when nursing home residents do not have to contribute to the cost of their care, and the case could be a “road map for other states,”
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Recognizing Symptoms of Dementia

What can family members do if they suspect dementia? An appointment with the doctor or geriatric clinic is the first step to take. Depending on the cause and severity of the problem there are some medications that may help slow the process. Your doctor may recommend a care facility that specializes in dementia and Alzheimer’s.
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Medicaid – Financial Security for your Spouse and your Children?

Long term care planning is an important issue which everyone will face sooner or later. Almost everyone knows someone in a nursing home or other care facility, yet this issue is something that we do not want to face. According to a study published by the New England Journal of Medicine almost half of all Americans will spend some time in a nursing home.
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