Planning for Eldercare Articles
Will the Government Pay for My Long Term Care?
April 12, 2012
A study by the U.S. Department of Health and Human Services says that "people who reach age 65 will likely have a 40 percent chance of entering a nursing home. About 10 percent of the people who enter a nursing home will stay there five years or more. This year, about nine million men and women over the age of 65 will need eldercare. By 2020, 12 million older Americans will need eldercare. Most will be cared for at home; with family and friends as the sole caregivers for 70 percent of the elderly". Medicare.gov
A new population of seniors and those nearing the senior status are looking for some type of financial means to pay for long term care (eldercare) in case of failing health. Many have taken care of family members who had no means to pay for their care or have seen their parents entire retirement savings wiped out because of medical and nursing home costs.
Does the government Medicare program pay for eldercare costs?
Previous Articles
2011 Mar 8 Senior Home Owners Find Financial Resource in Reverse Mortgages
2011 Feb 7 ARE YOU LISTENING?
2011 Jan 11 Is Insurance the Answer to Long Term Care Planning?
2011 Dec 12 Recognizing the Need for outside Help in Caregiving
2011 Nov 7 Celebrating Family Caregivers - National Caregivers Month
2011 Oct 10 Can I Get Paid to Care for a Senior Family Member?
2011 Sep 6 Expert Help Available for Seniors on the Move
2011 Aug 8 Social Support Activities Lead to Better Quality of Life As One Ages
2011 July 7 It Has Been a Year Since We Filed for Aid & Attendance for My Father
2011 June 6 How To Protect The Family Home From Medicaid Recovery
2011 May 5 Downsizing, Organizing, Handicap Remodeling or Relocating
2011 April 11 Using Your Home Equity for Long Term Care
2011 March 9 Choosing Home Care Services That Meet Your Needs
2011 February 7 Somebody's Sweetheart
2011 January 7 Working with Elder Parents in Planning Financially for their Long Term Care
2010 December 8 The Perfect Holiday Caregiver: It's all a state of mind
2010 November 5 Choices for End-of Life Caregiving
2010 October 6 Legal Issues with Veterans Benefits
2010 September 8 Helping Your Elderly Parent with COPD Related Depression
2010 August 9 Getting Your Affairs In Order
2010 July 8 Applying for the Veteran's Aid and Attendance Pension: My Personal Experience
2010 June 8 Recognizing Symptoms of Dementia
2010 May 5 The Financial Health of Aging Seniors
2010 April 7 Vitamins and Mineral Supplements Are Important for Older People
2010 Mar 8 Employer Support for Care Giving Employees
2010 Feb 7 Caring for Senior Veterans - VA LTC Benefits
2010 Jan 10 Elder Law Attorneys Specialize in Helping the Elderly
2009 Dec 09 Who Was Supposed to be Watching Grandma?
2009 Nov 11 Long Term Care for Senior Veterans
2009 Oct 13 Planning for Your Elder Years
2009 Sep 24 Pre Need (Pre-Paid) Funeral and Burial Plans
2009 Sep 9 Medication Problems and the Elderly
2009 Aug 20 Community Aging Services and Senior Centers
2009 Aug 6 One-Stop Shopping for Elder Care Services
2009 Jul 9 Family Reunion--a Good Time for Family Planning
2009 Jun 25 Putting Home Care in Perspective
2009 Jun 4 The Hidden Secret of Elder Abuse
2009 May 20 Government Program Pays Family for Care
2009 May 5 Keeping Mom and Dad Safe at Home
2009 Apr 23 Helping Your Older Parents Stay Happy & Healthy
2009 Apr 8 Long Distance Care Givers Receive Help
2009 Mar 17 Government Program Pays the Cost of Elder Care
2009 Feb 26 Nursing Homes for Veterans
2009-Feb 12 Insuring Your Retirement Funds
2009-Jan 29 Finding a One-Stop Shop Solution
2009-Jan 15 New Years Resolution – Plan for Long Term Care
The NCPC has been publishing articles since 2006. To access articles written earlier than 2009, please visit the member section.
LONG TERM CARE PLANNING BOOKS
"The 4 Steps of Long Term Care Planning" This book presents a unique approach to helping the public understand the need for and the process of planning for eldercare.
"How to Apply for the Veterans Aid and Attendance Pension Benefit" This first-of-its-kind book reveals how to apply for and receive veterans benefits that could pay up to $2,019 a month to households.
"Protecting Assets from Nursing Home Costs - Medicaid Secrets" The full title of this book from attorney Gabriel Heiser is "How to Protect Your Family's Assets from Devastating Nursing Home Costs -- Medicaid Secrets.
"Aid & Attendance Handbook for Professionals" (2012 Edition) A handbook for professionals and care providers to help their clients obtain the aid and attendance benefit.
CARE RESOURCE PLANNING
The National Care Planning Council (NCPC) has developed a fee based planning system for professionals to help their senior clients create a plan for their long term care. The “Care Resource Plan” contains programs that will enable you to provide personalized advice and solutions for your elderly clients financial, legal and care support needs.
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