There are many different levels of care available for the elderly. This article examines and explains various types of elder care services.
Making the Nursing Home Choice
While placing a loved one in a nursing home is a difficult decision, there may come a time when it is the right one. Here are some things you need to know and some helpful hints.
Medication and Older Adults
Of all the problems older adults face in taking medication, drug interactions are probably the most dangerous. There is also evidence that older adults tend to be more sensitive to drugs than younger adults are, due to their generally slower metabolisms and organ functions.
“short And Fat” Ltc Policies Beat “long And Skinny” Ones
Long term care insurance policies have an important component called a benefit period which greatly affectspremium costs. This article discusses what I call “Short and Fat vs. Long and Skinny LTC Policies”.
Long Term Care Insurance, What Am I Protecting?
What does long term care insurance protect? In some instances this is an obvious answer. Let’s keep the burden of care giving away from our kids; they have their own lives to live. The other obvious answer is protecting ones assets. The longer we live the greater the chances of having a long term care event in our lives. Let’s take a look at both areas.
Insurance Policies: Are You Covered? Really Covered?
For many people buying insurance is a no-brainer. What I mean is most people tend to think in limited terms about what insurance they really need. 98% of people who purchase insurance purchase whatever policy is recommended by the agent or by the policy seller.
IRS Issues Long-Term Care Insurance Premium Deductibility Limits for 2006
The Internal Revenue Service has announced the 2006 limitations on the deductibility of long-term care insurance premiums from taxes.
Premiums for “qualified” long-term care policies are treated as an unreimbursed medical expense. These premiums are deductible to the extent that they, along with other unreimbursed medical expenses exceed 7.5 percent of the insured’s adjusted gross income.
What Senior Citizens Need To Know About Private Long Term Care Insurance
This comprehensive article examines the issue of long term care and how LTC Insurance should be used to help with some of the costs. First, long term care is defined; and financial issues are outlined. Then the “when, where, what and why’s” of Long-Term Care Insurance are discussed.
Long-Term Care – The Ignored Need
Long term care. People fear it. They know they will probably need it. But only a few are are doing anything about it. Future needs for long term care can, and should, be addressed now. There is help available.
Long Term Care – The Who, The What and The How
Long term care planning focuses on the growing need for assisted care as the nation’s baby boomers near retirement age and individuals are living longer and longer lives. Long term care needs are beneficial for the client, client’s family and agent.
Long Term Care Insurance
It is estimated that about fifty percent of the population will need long-term care. It is not at all rare for older people to need long term care. By learning more about long term care insurance, you can protect yourself and your family when and if the need arises.
Long Term Care Insurance Should I Get This?
Planning is important, in order to assist you in eliminating a potentially devastating financial disaster. You want to live out the golden years of your retirement as stress free as possible. You may want to consider a long term care insurance plan.