Category 'Paying for Eldercare'

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 5 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 9 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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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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We can't afford to neglect dementia research

by Angela Roeber 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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Seniors Benefit from Aquatic Exercise

by Kathy Wetters on February 28, 2011 0 Comments

Several factors make water exercise an ideal fitness activity for older adults of all abilities. The growing popularity of water exercise offers aquatic professionals opportunities to expand programs to meet the individual needs of older participants. Water exercise can be designed for nonswimmers as well as swimmers. For seniors who have had difficulty exercising on land, the buoyancy of water exercise allows them to enjoy a stimulating workout with the feeling of weightlessness.

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Advocates Call For Stricter Oversight of Growing Reverse Mortgage Market

by Kathy Wetters on December 17, 2010 0 Comments

Advocates for consumers and seniors are calling for stricter oversight of the reverse mortgage market and new consumer protections for borrowers.

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New Deductibility Levels for Long Term Care Insurance

by acarl on November 10, 2010 1 Comment

The Internal Revenue Service (IRS) recently announced increased deductibility levels for long-term care insurance policies purchased in 2011.  Some long term care insurance help those insured pay for home care services.  "Tax advantaged long-term care insurance remains one of the few remai...

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