How the pandemic may affect long-term care planning in Doylestown, PA
There are many uncertainties regarding COVID-19’s impact on long-term care planning in Bucks County, PA. Its effect on long-term care insurance policies is among the many swirling questions. For instance, if you do not have a policy, you may wonder if the pandemic will make it more difficult to get one. If you have a […]
Short-Term Care Insurance: An Alternative to the Long-Term Care Variety
A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for one year or less. As long-term care premiums rise, short-term care insurance is gaining in popularity. This type of insurance […]
Long-Term Care Premiums Dip For Men, Rise For Women
On average, long-term care premiums are decreasing for men and increasing for women, according to a study by the American Association for Long-Term Care Insurance, an industry trade group.
Veterans Face New Limits On Long-Term Care Help
The U.S. Department of Veterans Affairs offers a pension benefit to low-income veterans (and their spouses) who are in an assisted living facility or who need help at home with everyday tasks such as dressing or bathing. The program is called “Aid and Attendance.” Unfortunately for many veterans, the government recently proposed new regulations that […]
Retiring Abroad? Check Your Long-Term Care Policy
If you are thinking of retiring abroad, and you want to purchase (or have already purchased) long-term care insurance, be sure to read the fine print on your policy.
How to talk to people with Alzheimer’s
Reprinted with permission of Philadelphia Inquirer, Sunday, January 31, 2016 Expect to say “I’m sorry” a lot if you decide to try one of the trendier ways to communicate with people who have Alzheimer’s. There was a time when caregivers tried orienting people with dementia to reality. That often feels like the natural thing to […]
Should You Buy Long-Term Care Insurance? How to Decide
One of the most difficult financial decisions for middle-aged and older people is whether to purchase long-term care insurance (LTCI). On the one hand, LTCI premiums are generally high, they’re likely to increase in the future, and if you’re in your 50s or 60s, the need is probably decades away. On the other hand, many […]