Privacy policy. We will not share your name or contact information with anyone. |
- Home
- Contact the Haas Agency with your questions about long term care planning in Connecticut
- Glossary of unfamiliar and often misunderstood terms associated with long term care
- Haas Agency recommended reading about long term care issues
- How the Haas Agency helps Connecticut families address their long term care concerns
- Step 1: Acknowledge the challenges associated with long term care in Connecticut
- Step 2: Explore the various long-term care options and funding sources available to Connecticut residents
- Step 3: Evaluate the pros and cons of the various long term care options in Connecticut
- Step 4: Take action providing for possible long term care needs
- Step 5: Review your family circumstances and changes in long term care each year
- AARP Online Groups on Caregiving and Aging - Resources for concerned children and spouses
- Alzheimer’s Association - Information and resources for families coping with Alzheimer’s and dimentia
- Caring For Your Parents Handbook - Handbook published by the Public Broadcasting System
- Conn. Partnership for Long Term Care - News and resources from joint state government and private industry program.
- Family Caregiver Alliance - Information, Advice and Support for Caregiving
- National Alliance for Caregiving - Provides support for family caregivers
- National Council on Aging - Case studies, news, and resources from a national perspective.
 Blog Feed
 |
 |
Jun
30
As I drove in to work this morning, I felt a special gratitude about the opportunity I have helping families in Connecticut develop their long term care plans. People are beginning to realize that despite their best intentions, sometimes a robust plan is needed to conquer life’s most difficult challenges.
I would compare it to scaling [...]
Jun
27
Beginning in January of 2010, any Pension Protection Act endorsed non-qualified annuity will allow the income tax free withdrawal of funds that are used to pay for long term care, or for a Long Term Care policy.
This creates tremendous opportunities for consumers that were not available before. For example, if you or a spouse were [...]
Jun
25
Fidelity Investments recently analyzed the cost of medical care in retirement. They concluded that the out-or-pocket costs have grown to $225,000 for a retiring couple. This figure is up from $170,000 just five years ago.
Although some companies offer their retired employees some options for health care in retirement, and Medicare is always an option, the trend in [...]
Jun
23
In this weeks Hartford Business Journal an article by Christine Dugas of USA Today wrote, that between 1991 and 2007 the increase in bankruptcy filings by the elderly (ages 65 or older) increased by 150%.
The new information was based on research from the Consumer Bankruptcy Project and released from AARP. The biggest increase was for [...]
Jun
20
A Sign of Things to Come?
Filed Under 2. Explore | Leave a Comment
Tennessee Governor Phil Bredesen signed into law today the Long-Term Care Community Choices Act. The new law is a bi-partisan effort in Tennessee to broaden the choices people have in providing long term care for their families.
The TennCare program, which is Tennessee’s Medicaid program, was spending 98% of it funds on providing long term care in nursing homes. [...]
Jun
18
Follow up on Life Expectency
Filed Under 1. Acknowledge | Leave a Comment
An important follow up to Monday’s post about the increase in life expectency.
The New York Times article points out that the increase in life expectency is due mainly to falling mortality rates for nine of the 15 leading causes of death, including heart disease, cancer, accidents, and diabetes.
The subtle point about this information is not that people [...]
Jun
16
The New York TImes reported on June 11 that the U.S. life expenctency has surpassed 78 years.
The Federal Government reported that the increase in life expectency is due to the decrease in the mortality rates in almost all the leading causes of death.
So, what does this mean in terms of planning for long term care. [...]
Jun
13
A non-traditional program is being utilized in several states around the country and is proving to offer some help to elderly citizens whose incomes are still too high to qualify for Medicaid.
New Jersey, Florida, and Arkansas pioneered the new program in the late 1990’s utilizing seed grants from the U.S. Department of Health and Human Services, the [...]
Jun
11
We ran across information from WebWire about some interesting innovations from the private sector that provides consumers more opportunities to plan for long term care.
TIAA-CREF is the leading retirement system for people who work in the academic, research, medical and cultural fields. The company announced that they have developed a Retirement Health Care Savings Plan. The [...]
Jun
9
Rate Increase at John Hancock Suggests People Perceive Great Value in Long-Term Care Insurance
Filed Under 3. Evaluate | Leave a Comment
A June 2 article on the Kiplinger.com website reported that John Hancock will be increasing rates on long-term care policies that were sold in the 1990’s. You can read the article by clicking here.
Genworth Financial made a similar announcement a few months back.
Up to this point one of the selling points of using these [...]