Blog - Page 10 of 11

Visiting Long-Term Care Residents During the Holidays

The holidays are an exciting time of year. Holiday music is being played, shopping for those last minute gifts, and a joyful buzz in the air. But what about your loved ones living in long-term care facilities? Am I able to bring my loved one home? What tips can I use to make sure a … Continue reading "Visiting Long-Term Care Residents During the Holidays"

Stay Golden: The Broken Plan

“My grandmother’s “Long-Term Care plan” was when she need extra care she would move into the same Assisted Living Facility that her sisters were living in. Those plans changed when she got dementia. She began to show signs of impairment in her reasoning and judgment. She refused to live in any type of Assisted Living … Continue reading "Stay Golden: The Broken Plan"

Obamacare Deductibles Leading to More Critical Illness Policies

Hootie’s Take: More health insurance with higher deductibles for low income people translates into higher demand for critical illness policies to help cover the gap. Critical illness insurance policies are more popular than ever. A study conducted by Gen Re showed that critical illness gained almost $381 million of new business revenue last year. The number of … Continue reading "Obamacare Deductibles Leading to More Critical Illness Policies"

Why Work with a GoldenCare Long-Term Care Specialist?

When you think of all of the pieces in your retirement plan, will you have enough money saved for living expenses? Do you plan to travel or help with your grandchildren’s education? Do you have enough money saved for Long-Term Care expenses should you and/or your spouse need it? With a 70% chance of a … Continue reading "Why Work with a GoldenCare Long-Term Care Specialist?"

Stay Golden: Long-Term Care Planning for the Unknown

We are pleased to introduce our new #StayGolden campaign, sharing real life stories from GoldenCare customers and their family experiences with long-term care planning. Our goal with this initiative is to highlight stories of those who’ve benefitted from planning ahead and others who have found themselves in difficult situations stemming from lack of coverage. Stay Golden: Planning for the Unknown “Early … Continue reading "Stay Golden: Long-Term Care Planning for the Unknown"

I put my father in a nursing home at age 98. Then I brought him home.

Hooties Take: With LTC insurance, this woman would have had the option to keep her dad at home and hire an in-home caregiver or she could have gotten paid cash benefits for caregiving for her own father. For years, and especially as he entered his 90s, my father had begged me not to “dump” him … Continue reading "I put my father in a nursing home at age 98. Then I brought him home."

The Top 10 Reasons Why People Choose Long-Term Care Insurance

Actuarial studies show that due to increasing advancements in Medical Science, which bring a longer life span, more than 70% of people over age 65 will need Long-Term Care services at some point in their lives according to a study by the U.S. Department of Health and Human Services. I cannot depend on Medicare to … Continue reading "The Top 10 Reasons Why People Choose Long-Term Care Insurance"

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 … Continue reading "2015 Cost of Long-Term Care Services"

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 … Continue reading "Sandwich Generation Worried About Own Long-Term Care"

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