Family-Provided Care Can Work–Sometimes

Family-Provided Care Can Work--Sometimes

The September, 2021 issue of the journal Health Affairs features a study that family-provided care (spouse or adult children) for dementia greatly diminishes the chances that the individual will need to enter a nursing home. However, full time caregiving will burn out the support team.… Read more...

It’s the Holidays, Let’s Talk

Rome's Whiteboard

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, and may need some help. … Read more...

Have you ever wondered….

Do you have questions about the cost of long term care?

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.comRead more...

Aging 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 one of the most important to plan for and consider now.… Read more...

Don’t get caught in this long term care trap! Many people are.

Don't get caught in this long term care trap! Many people are.

I am being approached by many people who purchased long-term care (LTC) insurance many years ago.  They bought the LTC insurance from their life insurance agent, their financial planner, or their home insurance agent – not a specialist in LTC. These agents knew life or home owners insurance, but often just “dabbled” in long term care sales. … Read more...

Why Medicaid Long Term Care is a Bad Choice

What Can I Do About Long Term Care

Many people don’t realize that, in addition to traditional health care, Medicaid actually pays for most long-term care (LTC) in the United States.  In fact, less than 40% of Medicaid dollars are used to pay for traditional health care.  The small portion of Medicaid recipients (just over 20%) whose long-term care services are paid for by Medicaid use over 60% of the Medicaid budget dollars.… Read more...

Happy Holidays – How is Grandma?

Happy Holidays! How is Grandma?

While your family was together at Thanksgiving, was there evidence that older family members are not taking care of themselves as well as they could be or used to?

Perhaps your loved one is not driving as much as before, or perhaps should not be driving at all.… Read more...

What’s it Really Like Paying for Long-Term Care

What’s it Really Like Paying for Long-Term Care?

As written by Michelle Singletary and published in the Washington Post on November 26, 2018

One of my favorite Spock quotes from the Star Trek television series is, “Live long and prosper.” Who doesn’t want a long life, right?

But what if the longevity means spending down your money for long-term care?… Read more...

Who is Going to Pay for Your Funeral?

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?

Read more...