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.
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.