Category 'Paying for Eldercare'

The Medicare Learning Network®

by Rita Ude on August 07, 2012 0 Comments

The Medicare Learning Network is now available to help answer questions, explain policy changes and distribute information about Medicare and Medicaid.

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Don't Forget Caregiver Tax Deductions

by Kathy Wetters on February 27, 2012 0 Comments

If an adult child of an aging parent hires a caregiver to take care of their needs–reminding to take meds, cooking a healthy meal, helping bathe—they may have the ability to get a tax deduction.

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U.S. Faces the Growing Challenges of an Aging Population

by Rita Ude on February 14, 2012 6 Comments

During the next 30 years, the number of Americans over the age of 65 and the proportion of those individuals over 85 are expected to double, impacting the economy, employment, healthcare and social services.

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House Calls Are Making a Comeback

by Rita Ude on January 31, 2012 12 Comments

A new federal program called the Independence at Home Demonstration will test the effectiveness of providing healthcare to thousands of chronically ill Medicare patients in their own homes, allowing them to remain there instead of potentially entering long-term care facilities.

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Helping Aging Parents Prepare for Long Term Care

by Kathy Wetters on December 26, 2011 0 Comments

Often adult children will be faced with long distance caregiving when the time arrives to help aging parents plan for long term care. Tips on dealing with the cost of caring for an aging parent.

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Having "The Talk" about Long Term Care

by Kathy Wetters on December 20, 2011 0 Comments

Last year, the study Our Family, Our Future: The Heart of Long Term Care Planning sponsored by Genworth Financial revealed several key findings about the hopes, worries, and needs of families regarding their lifetime health and financial independence.

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Quiz - What Do You Know About Long-Term Care?

by Kathy Wetters on August 30, 2011 0 Comments

According to a John Hancock Survey, most Americans have a good understanding of their risk of eventually needing long-term care (LTC), but wildly underestimate the cost while overestimating Medicare's role in paying for it.

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Transition From a Skilled Nursing Facility to Home

by Kathy Wetters on August 12, 2011 0 Comments

Twenty-seven percent of older adults discharged from a hospital require care in skilled nursing facilities (SNFs) or rehabilitative care facilities, with an additional 15% requiring home health care services. Older people with complex medical needs and inadequate social support are more likely to require facility-based skilled nursing care.For many older adults, these facilities provide lifesaving services. For others, skilled nursing services can be provided at home.

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Americans Worry about Long Term Care

by Kathy Wetters on March 25, 2011 0 Comments

Long-Term Care Insurance: A Piece of the Retirement & Estate Planning Puzzle, finds 71 percent of those surveyed are concerned about the possibility of needing extended care service. Yet, 63 percent do not have confidence in their ability to pay for this care.

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We can't afford to neglect dementia research

by aroeber on March 16, 2011 1 Comment

We all hope never to endure having our minds slowly diminished and devoured by dementia, but the odds of that are worse than you might know. In fact, there's about a 40% chance that your brain is programmed to self-destruct while you're in your 80s. Your chances of developing dementia increase steadily every year.

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