Informal Caregivers ...................................................27
Formal Caregivers .....................................................27
Cost of Home Care.............................................................28
Adult Day Services .............................................................30
Housing for the Elderly Poor...............................................31
Hospice Care......................................................................32
Community & Government Long Term Care Programs......33
About Government Long Term Care Programs..................33
Community Groups and Services.......................................33
Senior Corps.......................................................................34
Senior Centers....................................................................34
Administration on Aging......................................................34
Eldercare Locator ...............................................................35
Food Stamps ......................................................................35
Housing Assistance ............................................................36
Low Income Energy Assistance Program...........................36
Medicare.............................................................................36
Medicaid .............................................................................37
Veterans Long Term Care Services ...................................38
The first are for service-connected disabilities...........38
The second benefit is state veterans homes .............38
The third benefit is "aid and attendance " ..................38
STEP 2 - Funding the Cost of Long Term Care ......................39
Understanding the Cost of Long Term Care........................39
Savings or Asset Conversions to Pay for Care ...................41
Contingency Funding..........................................................41
You Need to Know How Much to Put Away........................41
Determining The Amount to Set Aside For Care................42
Sale of Assets.....................................................................43
Sale of a Home You Are Living in to Pay for Care..............43
Reverse Mortgage ..............................................................43
Long Term Care Insurance....................................................45
Why Buy Long Term Care Insurance .................................45
Buy Long Term Care Insurance When You Are Younger...46
How to buy long term care insurance .................................46
LONG TERM CARE INSURANCE BUYING CHECKLIST..........47