Monthly Archives July 2015

2015 Cost of Long-Term Care Services

Here’s Why You Need to Know The cost of Long-Term Care services differs greatly depending on where you live. For example, the national average cost for a semi-private nursing home room is $233 per day. Yet costs range from $151 per day in Texas to $474 per day in Alaska. So you can see why it’s important to know the actual cost of care in your state. You’ll find that valuable information in Mutual of Omaha’s 2015 Cost-of-Care Study. Arming yourself with cost-of-care data for your state allows you to make an informed decision about you or a family member’s need for an LTCi
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Sandwich Generation Worried About Own Long-Term Care

Hootie’s Take: Evidence that caregivers are prime candidates for Long-Term Care insurance having experienced the amount of time, effort and money it requires to care for a loved one.   WASHINGTON (AP) — Caught between kids and aging parents, the sandwich generation worries more than most Americans their age about how they’ll afford their own care as they grow older, a new poll shows. But most aren’t doing much to get ready. Nearly 1 in 10 people age 40 and over are “sandwiched” – they’re supporting a child while providing regular care for an older loved one, according to the poll by The Associated
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