November Is Long-Term Care Awareness Month!
Have you planned ahead to secure your financial future?
In today’s world, home is more important than ever. It’s the one place we all feel safe and secure. November is National Long-Term Care Awareness Month, an event recognized by Congress and a number of states, designated to educate Americans on the growing need for long-term care (LTC).
Long-Term Care Awareness Month is all about planning ahead, having a strategy, and alleviating some of the burden placed on family members. Long-term care is a family affair, as the majority of caregivers are family members. Providing long-term care services for a loved one is expensive, stressful and emotional.
As we approach the beginning of the holiday season, families will be gathering and sitting around tables, reminiscing and discussing future plans. While not everyone will need LTC insurance, we know everyone needs a plan.
or those who have not yet considered long-term care insurance as a possible part of their plan, our hope is that it becomes a topic of discussion in the coming months.
Let us help you get started.
Recent News
A Social Experiment | What Are The Chances?
The potential need for long term care is a topic most people would rather avoid. But not talking about it doesn’t make the issue go away. It only delays planning and leads to potential confusion and financial impact for not just those who may need care, but their family and friends. The reality is that … Continue reading "A Social Experiment | What Are The Chances?"
Another Inflation Stress: Rising Costs of Senior-Living Homes Strain Families
Inflation is fueling cost increases at nursing homes and assisted-living and independent-living facilities, which is tough for seniors on fixed incomes Eldercare facilities are raising prices and adding new fees, straining older Americans and their families who step in to help. Dan Gallo recently received a letter saying a new inflation-related daily fee of $25 … Continue reading "Another Inflation Stress: Rising Costs of Senior-Living Homes Strain Families"
Updated: NAIC Shopper’s Guide to Long-Term Care
The National Association of Insurance Commissioners (NAIC) has updated their consumer publication, A Shopper’s Guide to Long-Term Care Insurance. The NAIC wrote this Shopper’s Guide to help you understand long-term care and the insurance options that can help you pay for long-term care services. The decision to buy long-term care insurance is very important. You … Continue reading "Updated: NAIC Shopper’s Guide to Long-Term Care"
Family feels less guilt when loved one moves to assisted living versus nursing home: study
By Kimberly Bonvissuto | McKnights Senior Living The majority of older adults (79%) responding to Genworth’s Caregiving in COVID-19 Beyond Dollars Study 2021 said they preferred to receive care in their homes, but only 42% actually received assistance at home. Comparatively, 5% said they wanted to be cared for in an assisted living community, whereas … Continue reading "Family feels less guilt when loved one moves to assisted living versus nursing home: study"