The Long Term Care (LTC) Blog
“Senior Tsunami” To Come
A recent California study projects “an unprecedented senior tsunami” led by 65 – 84 year old baby boomers. This group will swell nursing home residency to more than double current levels in just over 15 years. The findings by the UC-Berkley study paint a dire picture for California by 2030, when the state’s Medi-Cal Long Term Care…
Read MoreWhat Americans Aging Means For Long Term Care
The population of America is growing at its slowest rate ever. Population increased last year at only 0.72%. Yet 10,000 Americans turn 65 every day. We are becoming an older population. You may have read about legislation in many states to raise the minimum wage. The great majority of Long Term Care (LTC) is done…
Read MoreMedicaid Is Just Fine, Isn’t It?
If I had a nickel for every time I heard people say that Medicaid gives you the same care as paying for care does……… True, there is no sign above the door in your facility stating if you are paying the full bill for care or if Medicaid is paying the bulk of it. However, getting…
Read MoreMinnesota Makes it Harder to Collect Medicaid For LTC
Many state have been working diligently to provide Medicaid benefits for home care instead of forcing Medicaid recipients into nursing homes. This serves more people in nicer and often more appropriate settings. However, it does not seem to save money as when the medicine tastes good, more people want the medicine. Starting this month, home…
Read MoreCholesterol and Alzheimer’s Disease Link Strengthens
http://www.latimes.com/science/sciencenow/la-sci-cholesterol-alzheimers-link-20131230,0,4639284.story#axzz2p4eJG4pU The above link to a Los Angeles Times article published December 30, 2013 indicates that “well before signs of dementia trigger a diagnosis of Alzheimer’s disease, a person’s cholesterol levels may be a bellwether of amyloid plaque build-up in the brain, a new study finds. Long considered a reliable predictor of heart attacks and…
Read MoreMedical Tourism For LTC?
It is becoming more acceptable to travel for medical or dental care, both for access and saving money. Many travel to India for heart surgery, Singapore and Thailand are destinations for all sorts of medical care, and my clients who winter in Arizona have most if not all dental work done in Mexico. But traveling…
Read MoreIt’s Christmas, I’ve Got A Great Gift Suggestion
It’s Christmas, and mom and dad (well dad, anyway) are probably hard to shop for. You love them, you want them to be happy, and you may not have the time, room, or energy to have them move in with you someday. So why not buy them some Long Term Care insurance? Expensive, you say? …
Read MoreNew Updated Wisconsin LTC Medicaid Numbers for 2014
Medicaid (taxpayers) pay for the majority of Long Term Care (LTC) in this country, and have for some time. To qualify for Medicaid one must be impoverished, meaning they have spent their assets down to $2000, cashed in life insurance that would pay out more than $1500 at death, and are allowed to keep $45/month of…
Read MoreShould I Buy LTC Insurance or Would I Prefer Crisis Management?
1. LTC insurance is not necessary – the government pays for this Correct! The government will pay for LTC needed, in a nursing home only in many areas, once you are impoverished (broke), unless you have given any money away, for any reason in the past 5 years. You are allowed to retain just under…
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