You are here:

Home Blog

LTC Insurance Blog

Simplifying the process of understanding Long Term Care, and helping you decide if Long Term Care insurance is right for you.

Subscribe to feed Latest Entries

What to do When Alzheimer's Strikes

Posted by Carole Larkin
Carole Larkin
Carole Larkin MAG, CMC,CAEd, QDCS, EICS is a geriatric care manager who specializes in helping families with A...
User is currently offline
on Thursday, 31 May 2012
in Care Giving

When Alzheimer's strikes most families don't know where to look for help, or what to do.....

Yesterday I posted How Would You Answer This Question?

Following a thorough physical and neurological examination, our mother was diagnosed as being in the early stages of Alzheimer's disease. My siblings and I are starting to talk about future care and what actions we should be taking to keep her safe. Unfortunately we are clueless and don't even know where to start. Our father died very suddenly years ago, so we never dealt with any care plan issues with him. Can you give us some direction?

Continue reading
0 votes

Will Medicare Pay for Long Term Care?

Posted by LTC Staff
LTC Staff
Staff writers for LTC.com
User is currently offline
on Friday, 04 May 2012
in LTC Insurance

One common misconception about Medicare is that it will pay for Long Term Care services. In recent years, the United States Government has begun trying to dispel this myth. The Social Security Administration’s annual statements now include the following warning: “Medicare does not pay for Long Term Care, so you may want to consider options for private insurance.”

In some very specific instances, Medicare will pay a portion of Long Term Care costs. Receiving this benefit can be difficult as there are several conditions that must be met in order to qualify.

Continue reading

How Long Will My Long Term Care Policy Last?

Posted by LTC Staff
LTC Staff
Staff writers for LTC.com
User is currently offline
on Friday, 04 May 2012
in LTC Insurance

One of the biggest concerns when purchasing a Long Term Care policy is choosing how long you want the policy to last. Common options for benefit periods are two, three, four or five years. This can be a bit misleading. Your policy could potentially last longer than the benefit period you choose. This is because Long Term Care policies use a pool of money when paying out benefits.

Continue reading
0 votes

Should I Self-Insure for Long Term Care?

Posted by LTC Staff
LTC Staff
Staff writers for LTC.com
User is currently offline
on Wednesday, 04 April 2012
in LTC Insurance

Should you consider self-insuring for Long Term Care?

It’s a prudent and logical question for upper-middle and high income individuals to consider as they ponder purchasing Long Term Care insurance as part of their retirement plan. Having helped many such individuals plan for their future long term care needs, I’ve come to the conclusion that many, who think they have adequate capacity to pay for extended care giving services out-of-pocket, haven’t done the math as thoroughly as they should.

When counseling clients, some will say, “I think we have enough in our retirement savings to handle any long term care needs that might arise.” They may be right. With a few follow-up questions, I learn that they might have anywhere between $500,000 and several million dollars in retirement savings and investments. By providing additional information, I’m usually able to encourage a more realistic look at how far their retirement nest egg will last should they need extended long term care. Here are the key cost considerations that are often overlooked.

Continue reading

Long Term Care and Women: An Essential Retirement Strategy

Posted by LTC Staff
LTC Staff
Staff writers for LTC.com
User is currently offline
on Tuesday, 03 April 2012
in LTC Insurance

Although Long Term Care insurance is rightly considered an important part of planning for everyone who dreams of an independent and dignified retirement, experts agree that Long Term Care Insurance is especially critical to women. The reasons ought not to surprise anyone who reflects upon the following.

Women are especially hard hit by Long Term Care. Seven out of ten caregivers are women. Many women often find themselves caring for children and an aging family member at the same time; a dual care giving situation that can take a toll on their emotional and physical well-being.

Continue reading

LTC.com 14140 Midway Road, Suite 150, Dallas, TX 75244             tel: 800-432-0091

 

LTC.com | All rights reserved.