So, you’ve done your homework and due diligence and decided that purchasing long term care insurance is an appropriate investment . . . but what happens when you actually need to file a claim and start using it? Well, it’s … Continue reading →
One of the biggest concerns purchasers have in buying long term care insurance is whether they will ever need it and the potential loss if it is never used. However, long term care is expensive and many people understand the … Continue reading →
Just as we create estate plans for our eventual demise, we also need to plan ahead for the possibility that we will become sick and unable to make our own medical decisions. Medical science has created many miracles, among them … Continue reading →
When you buy long-term care insurance years before you need it, you are taking a gamble that the company will still be around when it is time to pay out. But what happens if the company goes out of business? … Continue reading →
As Medicare does not cover all health needs, many enrollees choose to enroll in a Medigap supplemental policy to help pay for co-payments, co-insurance and deductibles. However, not all Medigap supplemental policies are created equally. The supplemental policy that may … Continue reading →
With the passage of new healthcare legislation, more and more eyes are set upon the rising cost of healthcare and how best to contain it. Due to the imminence of the situation, most eyes fall upon the cost of healthcare … Continue reading →
Posted in Elder Law & LTC Planning, Long Term Care
|
Tagged Aging Parents, Family, Financial Planning, Health Care, Health Insurance, Long Term Care, Medical Expenses, Medicare, Personal Finance, Retirement, Sandwich Generation
|
AARP, along with other groups representing seniors’ interests, has drawn a hard line in the sand when it comes to Medicare cuts being considered in this tough economic time. Their stance? Say “NO” to all Medicare and Medicaid cuts, as … Continue reading →
Posted in Elder Law & LTC Planning, Estate Planning & Administration, Government Benefits, Long Term Care
|
Tagged aarp, Aging Parents, entitlement programs, Estate Planning, Family, Financial Planning, Government Benefits, Health Care, Health Insurance, Healthcare Directives, Insurance, Legislation, Long Term Care, Medicaid, Medicaid cuts, Medical Expenses, Medicare cuts, Retirement, Sandwich Generation
|
‘Tis the season for open enrollment of Medicare. If you are one of those out there wondering whether it’s an appropriate time for you to enroll, consider the following often-made mistakes: 1) Not enrolling because you’re employed; 2) Failing to … Continue reading →
Posted in Alzheimer's & Dementia, Elder Law & LTC Planning, Government Benefits, Long Term Care
|
Tagged Aging Parents, benefit options, enrollment, Financial Planning, Government Benefits, Health Care, Health Insurance, Independent Living, Insurance, Long Term Care, Medical Expenses, Medicare, Monthly Income, Personal Finance, Retirement, Sandwich Generation
|
If you participate in Medicare Part D prescription drug insurance, you may be wasting hundreds of dollars annually on your coverage needlessly. A new study has found that 22 percent of Medicare Part D beneficiaries could save at least $500 … Continue reading →
