Planning for long-term care is imperative because nearly everyone will require it at some point in time. While we cannot predict the timing or level of care, we can take steps to prepare for an unexpected medical and financial crisis…
As reported by the American Association for Retired Persons (AARP), 10,000 baby boomers are turning 65 every single day. The deluge of aging Americans and the increase in longevity in the already 65-plus population are the main reasons why the…
Now, more than ever, it is crucial to evaluate your life and plan your healthcare. Americans continue responding to the ever-present threat of COVID-19 in its many iterations, and we are identifying that which is most important in our lives…
Assisted living is changing for seniors with new advancements in medicine, technology, and socioeconomics. The rising cost of assisted living means that some families are looking for new alternatives, while those who consider traditional assisted living have new options to…
The Federal Long-Term Care Insurance Program (FLTCIP) offers long-term care for federal or US postal employees or any active or retired Uniformed Services members. First, the basics of long-term care: it isn’t professional medical care, it isn’t seeking recovery or…
Long-term care is comprised of a variety of services that meet medical and non-medical requirements for people who cannot care for themselves for long periods of time. It is a highly individualized care system that can be formally or informally…
In continuing care retirement communities (CCRC), sometimes referred to as life plan communities, the goal is to provide a long-term care option for older residents. These residents prefer to live in the same community, though in different phase locations, during…
You can hear your mother say something like that, right? And how often have you wished that you’d followed mother’s good advice? Nobody really wants to think in advance about accidents or illness. But if no advance planning has been…
There will be challenges ahead as the population age 85 and older, the most likely to need long-term care, will more than triple between 2015 and 2050, as AARP reports. Elected leaders must rethink institutional care and its affordability and…
Americans are facing escalating long-term care (LTC) crisis. Industry driven, massively underpriced policies are playing fiscal catch up with hefty premium rate increases. This price increase is forcing some aging Americans to abandon their policy while others struggle to reduce…