Being unprepared for the long term care of a family member can crush you financially; caregiving is just that expensive. Luckily, a number of ways exist that allow you to keep from having to spend so much. The programs below could help you prepare for caring for an elderly person. When you know the basics of [...]
Continue reading...Friday, January 15, 2010
When you are considering the purchase of long-term care (LTC) insurance, there are things you must know before you buy. The cost of an LTC policy will depend on three primary factors: your age, your health, and where you live. Additionally, keep the following in mind: Buy Early The younger you are when you purchase your policy, the [...]
Continue reading...Friday, December 4, 2009
A new survey performed by the nonprofit LIFE Foundation has found that despite the annual cost of home health aides now topping more than $40,000 per year and private nursing homes approaching an annual cost of $75,000, 9 out of 10 Americans do not have a plan that will adequately pay these expenses when the [...]
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Sunday, February 7, 2010
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