The Long Term Care (LTC) Blog
Who is Going to Pay for Your Funeral?
Asking who is going to pay for your funeral might seem like a silly question–you probably have money in savings, a vehicle, a house, even life insurance. There should be plenty of money to pay this bill, right? The problem is, you are gone, so now who has access to your assets? Your Power of…
Read MoreObservations from a Recent Hospital Stay
Recently, I was an inpatient in a hospital after having surgery. While there, I visited with a number of nurses and CNAs (certified nursing assistants) while they were caring for me. Nearly every one of the CNAs had started their careers in a long-term care (LTC) facility. The reasons these workers moved on to a…
Read MoreBeware insurance agents offering new “can’t lose” long term care insurance
Insurance companies are wooing insurance agents with something they are already familiar with – life insurance – with what looks like a neat extra benefit: it will also pay for long term care (LTC). It’s a two for one deal–it pays for LTC, and if that is not needed, your heirs get the life insurance…
Read MoreLong-Term Care: Tips for Planning and Paying
It’s not a pleasant scenario: your health has deteriorated to the point where your spouse can no longer take care of you on their own, and you need to consider long-term care. Or you had a fall that broke your hip, and surgery is out of the question. Or your memory is failing. Our bodies…
Read MoreDo You Want to Receive Home Care, but can’t afford it?
As you age, and fear that the time may come when you need help with day to day activities such as getting up, dressed, and preparing breakfast, do you worry how you might pay for such care? You’ve heard it is expensive. You cannot afford this care or are not healthy enough to purchase Long-Term…
Read MoreI Need Advice and Resources
A family member or loved one needs long term care and needs advice. Where do I go to find this? What will this cost? We don’t have enough money to pay for this kind of care, what can we do? Babies do not come with instruction manuals and neither does long term care. Just like…
Read MoreTwo Million Dollars in 30 years for $3500 per year
If you could start a plan that gives you 2 million dollars for you and 2 million dollars for your spouse’s Long Term Care that costs $3500/year, would you be interested? Fifteen years ago a nursing home was $4500/month. Today it is $10,000 a month. In 30 years, when todays 55 year olds are 85,…
Read MoreBeen Turned Down for LTC Insurance?
Have you been turned down for LTC insurance? Would you like to get some if you could? Give TheLongTermCareGuy.com a call at (920) 884-3030 and let’s get you a policy. I have two companies you can only buy from once you are already in a LTC facility. That’s right, already in care. Two different companies.…
Read MoreDebtors Prison: A throwback to generations ago
Debtors prison (long ago) was where you might end up until you could pay your bills or get someone to pay them for you. How does this relate to Long Term Care? Long term care is very expensive, and most Americans have not prepared for it. When an assisted living facility costs $4000/month for hands…
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