Ways to Pay for Long-Term Care

While we all hope to remain healthy and active as we age, there is a possibility that an unforeseen medical condition or accident could limit our mobility and change our medical care needs.  While Medicare and supplemental Medicare coverage will cover some costs, these plans and policies will not pay for most long-term care services… Read More »

Planning for the Silent Thieves: Dementia, Alzheimer’s and Parkinson’s Disease

I search your eyes, So empty and blue, Hoping for a flicker Of what used to be you.1 If you are the wife, husband, son or daughter of someone with, dementia, Alzheimer’s disease or Parkinson’s disease, you may be overwhelmed emotionally, physically and financially.  You are consumed with the day-to-day care, behaviors like agitation and… Read More »

Qualifying for Medicaid

Getting ready for retirement usually means examining Medicare options, downsizing and beginning to budget with retirement funds.  One preparation which may not come to mind is paying for long-term care.  This type of care includes nursing home, hospice, and personal care services and is not covered by Medicare.  While some may have long-term care insurance… Read More »

Medicaid and Your Long-Term Plans

Seniors entering their retirement years are often concerned about planning for their future medical needs.  Some may have private health insurance policies in place while others plan to be mostly reliant on Medicare.  For many, it may be a surprise to learn that their insurance and Medicare will not include the coverage associated with long-term… Read More »

Seniors and Bankruptcy

With the rising costs of healthcare and the decreasing amount of medical coverage offered under most insurance plans, many seniors find themselves struggling to pay expensive medical bills.  Further, retired individuals on fixed incomes may find themselves confronted with unexpected medical costs such as long-term care which they struggle to afford.  Increasingly, for those seniors… Read More »