Wednesday, August 23, 2023With rapid medical advancements, people are living longer than ever before—often well into their 80s or 90s. However, as people age, some will need more care than others. About 40 percent of retired adults are likely to spend time in a nursing home, or make use of another form of assisted living. READ MORE >>
Thursday, May 18, 2023How much you pay for your medication will vary, even if you have Medicare Part D coverage. That’s because every pill has a different value and use. How insurance companies pay for different drugs will likewise differ. This likely comes from the way Medicare’s prescription formulary pays. READ MORE >>
Friday, March 24, 2023Although many people have heard of long-term care insurance, they don’t really know what it is or if they need it. Long-term care insurance helps pay for custodial and non-medical care services for policyholders who cannot perform everyday activities on their own, such as bathing, dressing, eating, toileting and transferring (e. READ MORE >>
Thursday, December 29, 2022Long term care insurance is designed to help with certain long term care costs as the policyholder grows older. If an individual loses the ability to live and function independently due to age or a developing disability or illness, this insurance can help pay for inpatient and outpatient care, such as Alzheimer’s facilities and at home nursing care. READ MORE >>
Wednesday, July 20, 2022Whether or not long term care insurance is right for you depends on your income and circumstances. Long term care insurance is geared to cover personal care that seniors may need in doing everyday tasks. If you are a loved one has trouble doing normal, everyday tasks, long term care may be the solution. READ MORE >>
Wednesday, March 9, 2022You've worked hard to build your retirement savings. Perhaps you are in your 50s or 60s now and are wondering how you can protect your retirement savings from long-term care expenses. It's a growing problem for many seniors. According to Kiplinger, long-term care expenses average about $85,000 a year for a private nursing home. READ MORE >>
Wednesday, November 10, 2021When selecting health insurance, most people think about right now. How many times do you see the doctor each year? What types of health problems do you have right now that your health insurer covers? And, what type of coverage do you need for your family. Do you think about long term care insurance, though? READ MORE >>
Monday, May 10, 2021Long-term care (LTC) refers to a wide array of medical care, personal assistance and social support services for people who are physically or mentally unable to independently care for themselves for an extended period. This care can be provided in a nursing home, an assisted living facility or in one’s home. READ MORE >>
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