What Does Long Term Care Insurance Cost? How Benefit Choices Change Policy Cost
Once you decide what kind of insurance will work best for you and your family, it’s time to choose the benefits that meet your goals but fit your budget. Age and health determine which policies you can qualify for. Keep options open and cost down by purchasing a policy while you are younger and healthier.
How To Give Care When You Can’t Be There: Long Distance Caregiving
Welcome to the Retirement Safety Zone series on how to give care when you can’t be there. That’s something that’s touched all of our lives, maybe for ourselves, being isolated, alone, without someone to help out…
How To Have Difficult Conversations About Money, Long Term Care Planning, and More
The holiday season is stressful enough on its own. When getting together for the holidays means having hard conversations, that stress multiplies. We’ve learned a lot from Difficult Conversations: How to Discuss What Matters Most by Douglas Stone, Bruce Patton, and Sheila Heen about how to have those stressful conversations, and we’re excited to share our favorite tips.
Long Term Care Insurance and Income Taxes - 2022
The new year is bringing little change to long term care insurance deduction limits but may mean brand new payroll taxes for long term care being introduced in some states. Below, you’ll find the current deduction limits for individual plans and guidance on factors that affect deductibility of premiums. Check with your CPA to make sure you are getting the deductions you deserve.
What To Do If You Don’t Qualify For Long Term Care Insurance
In the first 3 installments of this series on the cost of long term care insurance we looked at folks who were able to qualify for a policy. However, long term care insurance can be difficult to qualify for - chances are we all know someone who would not be able to buy a long term care insurance.
Which Documents Do I Need If My Loved One Needs Care?
#9 Tip: Locate Important Documents. Find the documents that will help caregivers respect patient wishes, authorize a medical or financial decision-maker, and help pay the bills.
How to Talk to Your Loved One’s Medical Care Providers
Getting to know your loved one’s medical care providers may lead to more focused medical care and improved health for them. You might find some peace of mind - but make sure to have the right paperwork in place.
What To Do When Long Term Care Insurance Alone Isn’t Enough
Last week, we looked at a single woman who wanted to be able to decide when and where she received long term care. For her, traditional long term care insurance was the best answer. Not everyone’s goals are the same. Maybe your situation is more like Art and Maria’s. Art and Maria have saved for retirement diligently throughout their working years. Their plan…
What Do Care Teams Need From You?
No matter where your loved one is receiving care, staying in touch with care providers focuses provider attention and keeps you informed. Be positive - you’re all on the same team. When your loved one lives too far away for frequent trips to their residence, watching out for their well being can be challenging. Getting to know their caregivers can make all the difference.
What Do You Want From Your Long Term Care Insurance Policy?
The first step in determining the price of long term insurance is to figure out what you want the policy to do for you. Meet Karen. Karen is looking forward to retiring in about 7 years when she turns 65. She lives alone in the neighborhood where she raised her family.
How To Talk About Hiring Home Care Helpers
Asking for help or admitting you need help can be hard. Start the discussion with simple chores like getting the lawn mowed and ease into sensitive topics like showering and vision or hearing changes.
How Much Does Long Term Care Insurance Cost?
How Much Does Long Term Care Insurance Cost? The short answer is, “It depends.” In this blog series, you’ll learn about what affects the premium price of long term care insurance and what impacts those factors make on the benefits. The first step…
Demystifying Long Term Care - When It’s Time to Make a Claim
Today we're talking about the other end of the long-term care insurance process. We're talking about what happens when you need that insurance money, because there's long-term care in your future. I have with me today, Josh Zuieback, he's with Amada Senior Care, and he's going to help us understand what that process looks like…
How to Arrange Affordable Prescription Delivery
Help your loved one get well by ensuring medicine is easily available. Don’t forget over-the-counter medicine, vitamins and supplements. You can help with prescription drugs in a way that makes a real difference.
What Does Long Term Care Insurance Cover?
You have choices about what type of insurance to buy to protect yourself and your family from the costs of caregiving. Different types of plans cover long term care in different ways…
Our Guide to Online Shopping and Grocery Delivery for Seniors
Shopping can become an impossible chore due to disabilities caused by illness or aging. Setting up and assisting with online shopping may improve your loved one’s nutrition and help life feel a bit more normal.
When to Buy Long Term Care Insurance
Start early for better, more affordable protection.
Long term care is expensive - even when it’s free. It can cost in dollars or in the wellbeing of the caregiver. Long term care insurance can help protect your savings and the loved ones that care for you. So how do you decide when to buy it?
What Are Wellness Checks, and Why Are They Important?
Talk to friends and neighbors living locally who might be able to do wellness checks from time to time. Exchange contact information with two or three who are reliable and willing.
Long Term Care Costs
Receiving long term care can mean more than paying hefty bills. Learn the average cost of professional care and the personal costs to family members providing care.
Positive Thinking and Long Term Health: Are They Connected?
Chronic emotional and physical pain can cause a great deal of damage to our bodies. One way to help your loved one beat the odds is to help them stay positive.