The Long Term Care (LTC) Blog
If You are on Medicaid, A Deadline is Rapidly Approaching.
Did you receive a $600 stimulus check a year ago? It was not considered income when it was received. But now that it’s a year later, if that stimulus check caused you have more than $2000 in your savings, you will become ineligible for Medicaid and lose all benefits. There is a simple “fix” for…
Read MoreHow was your Easter?
It may have been as long as a year or more since family members were with the seniors in their lives. Now that some families are cautiously getting together again, Easter might have been one of first times they have been together in person. How were the seniors in your family doing? Have things changed…
Read MoreAlzheimer’s May Strike Women and Men in Different Ways
At the end of February, the website HealthDay published an article entitled “Alzheimer’s May Strike Women and Men in Different Ways”. (https://consumer.healthday.com/2-25-alzheimers-may-strike-women-men-in-different-ways-2650728831.html ) Here is a quote from that article: “The ravages of Alzheimer’s may strike later in women than men, but once it takes hold women tend to deteriorate far faster than men, according…
Read MoreLong-Term Care Insurance: First, You Should Find an Agent: Wall Street Journal
I often cringe when I see a newspaper or magazine article that discusses long-term care because so many include misleading or outdated information. I was pleasantly surprised when I read this Wall Street Journal article. My approach—and my qualifications—are very consistent with what was outlined here. Wall Street Journal Reports Monday February 8th, 2021 Long-Term…
Read MoreYou’ve planned ahead–or have you?
So, you’ve given the house (or farm or some other assets) to the children long ago so the government will pay for your long-term care, and you’re feeling proud of yourself for having planned ahead. But, I have some bad news for you—did you know that almost no assisted living facilities will accept you…
Read MoreIt’s the Holidays, Let’s Talk
How long has it been since you have seen all of the family? How are they doing? Perhaps not as well as last year? Perhaps it’s time to talk. It’s the holidays, this is the time of year when many families realize a family member is not doing as well as s(he) has in the past,…
Read MoreHave you ever wondered….
Do you have questions about the cost of long term care? Are your clients confused about the many options, how to choose coverage, or if it’s necessary for them? I’m Romeo Raabe LUTCF, LTCP and I’m known as The Long Term Care Guy–in fact, my website is www.TheLongTermCareGuy.com and I work exclusively on Long Term…
Read MoreCORONAVIRUS AND LONG TERM CARE
More than 18 million people have been infected by coronavirus worldwide, about a quarter of them in the United States. It is likely to be years before the costs for those who have recovered can be fully calculated, according to Reuters interviews with approximately a dozen physicians and health economists. These experts point to the potential for…
Read MoreAging in Place: What Every Senior Should Know
By Alejandra Roca Introduction: Aging in America By 2030 every Baby Boomer will be over 65, and will make up 21 percent of the population. And by 2060, almost 25 percent of Americans will be 65 and older. The aging population will have many far-reaching implications for American society, and how to care for older citizens is…
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