Aug
29
Don’t Confuse Long Term Care Insurance with a Plan for Long Term Care
Filed Under 1. Acknowledge, 2. Explore | Leave a Comment
I was on a conference call recently that reminded me that many people confuse long term care insurance with planning for long term care.
If you are working with a professional who has your best interests at heart, you would find that a discussion about long term care has little to do with insurance. Most of the conversation should be about [...]
Aug
27
One of the costliest mistakes people can make in the coming months is to not be paying attention to the future of government benefits, and the upcoming legislative battle to reform the tax code.
With existing government programs about to crush the federal budget, there is talk everyday about what to do to cover the costs. [...]
Aug
22
Family Caregivers Deserve a Break
Filed Under 5. Review | Leave a Comment
Caregiving organizations, health professionals and the federal government are recognizing the need to provide a break from the stress of caregiving for family members. An August 19th article in the New York Times described how one family was able to take short break by placing their mother in a nursing home for a few [...]
Aug
20
A disturbing article appeared in the Wall Street Journal on August 7 that should be very troubling to residents in nursing homes and their families.
The article suggested that across the country nursing homes are forcing out frail and ill residents. Under Federal Law there are very few reasons that allow nursing homes to evict residents, but there [...]
Aug
18
Different Family Situations Require Different Considerations When Planning for Long Term Care
Filed Under 3. Evaluate | Leave a Comment
There is no cookie-cutter plan for long term care. Looking at American society today you can see that there are many different kinds of family situations that require different considerations when planning for long term care.
For example, a husband and wife are in a second marriage and both have children from a previous marriage. What role will [...]
Aug
15
If you search the internet or even read various newspapers, they all provide a wealth of information and advice about long term care. They’ll explain everything from costs in different regions of the country to opinions about wether you should have long term care insurance or not, and at what age to consider the purchase [...]
Aug
13
The Two Levels of Long Term Care
Filed Under 2. Explore | Leave a Comment
If you are like most people, when you think about long term care you most likely would picture in your mind a nursing home. Overwhelmingly, however, the vast majority of long term care services are provided in one’s own home.
I thought I would explain the difference between custodial care and skilled care.
Custodial Care is provided outside of a [...]
Aug
11
Xtreme Aging
Filed Under 2. Explore | Leave a Comment
So you want to know what it is like to get old, I mean over age 85 old. Try a training program called Xtreme Aging. In a New York Times article the reporter wrote about the effects of a simulation of the aging process. By putting on distorting glasses to blur vision, latex gloves with bands [...]
Aug
8
The Inevitable (part3)
Filed Under 4. Act | Leave a Comment
It took awhile but the articles referenced in the two previous posts to this blog appeared in the same week in the same paper, The New York Times.
The quest to find drugs to prevent disease and create a longer, fuller life for people is running right into the problem of cost. How are we going to [...]
Aug
6
In an Economic View article July 20, 2008 in the New York Times, Tyler Cowen makes the point that entitlement programs like medicare, and to some extent medicaid costs, are going to rise to such a level that taxes could rise to 60-80% of income, if no changes are made, click here to read the [...]
























