Paying for Long-Term Care; A Tough Problem That Reform Is Unlikely to ResolveAlbert B. Crenshaw
A stand-alone long-term care policy is a good idea for people who can afford both today’s premiums and potential future rate hikes. On the other hand, you pay annual premiums for life for a product you might never use. And if you stop paying premiums and let the policy lapse, you ...
How to Pay for Long-Term Care Families often struggle to find funds for an aging loved ones' long-term care. All too often individuals do not pursue a comprehensive financial plan early enough to cover all of their future costs. Either they are not proactive, or they plan to “self-insur...
Use this guide to learn about paying for senior care, including Medicaid, Medicare, and private pay options.
Create a financial plan to pay for care.Plan Now How will you pay for long term care? Among all the uncertainties surrounding professional long term care is one sure thing: It costs a lot. Unfortunately, public programs cover only so much of the cost. A great majority of individuals must...
When using your money to pay for long-term care, there are many details to keep in mind. Therefore, finding an experienced financial professional makes sense to help you sort through all the options. Have you considered how you will pay for long-term care when it becomes necessary? Do you...
Proposal put forth by the group for helping individuals pay for long-term-care insurance premiums; Press reports on government plans for drawing on pension assets to pay for nursing home care; Warning...
Reports on the British government's issuance of draft guidelines on the National Health Service's (NHS) responsibilities for meeting long-term health care needs. Response to an earlier report by the Health Ombudsman about the NHS's failure to always provide long-term nursing care; Requirement for...
Mayhew L., Karlsson M., Rickayzen B.: (2010) "The Role of Private Finance in Paying for Long Term Care," Economic Journal, 120(548): F478-F504.Mayhew, L., Karlsson, M. and Rickayzen, B.D. (2010) ‘The role of private finance in paying for long term care’, Economic Journal...
We send out helpful tips and interesting financial finds for tackling the costs of long-term care. Enter your email here Sign Up Thanks for submitting! WHAT PEOPLE SAY Stacey P. , daughter “When faced with a challenge regarding my dad's care or my mom's...It's nice to have a tool...