Observations from a Recent Hospital Stay

Why are CNAs moving from (LTC) Long-Term Care Facilities to Hospitals?

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.… Read more...

Go Broke without Long-Term Care Insurance

Don't Go Broke without Long-Term Care Insurance!

Bob and Tom are twin brothers.  They have done well in life and saved for retirement in an IRA.  They each have $1,000,000, they are both married, and are now age 80.  Oh, and Tom bought long-term care insurance at age 60, a benefit of $60/day for 10 years including 5% compound inflation on that benefit. 

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May is Disability Awareness Month – Does Long Term Care Keep You Up at Night?

May is Disability Awareness Month – Does Long Term Care Keep You Up at Night?

Becoming disabled from sickness or accident and unable to work is a significant problem for many. Once retired you might think this is no longer a concern.

But what if you became disabled enough to need assistance with bathing, or dressing, or moving about (arthritis)? … Read more...

Think You Are Too Young To Worry About LTC? Think Again!

I just read that the Centers For Disease Control and Prevention (CDC) says “The percentage of adults aged 45 to 64 years who reported needing help with activities of daily living such as eating, bathing, dressing, or getting around inside their residences has increased nearly 50% from 2000 to 2015. … Read more...

LTC Insurance is Too Expensive!

Lately I have seen clients shown proposals to purchase Long-Term Care insurance with premiums exceeding $10,000 a year for a couple.  This is ridiculously expensive for most couples in their fifties, and is probably because the insurance amounts are way too large to be appropriate.… Read more...

Where’s The Disconnect

This post, in it’s entirety, is reprinted from a chapter in the book “Surviving Alzheimer’s with Friends, Facebook, and a Really Big Glass of Wine”, written by my very good friend Honey Leveen, a first rate Long-Term Care insurance agent in Houston, TX

“Where’s the Disconnect?”… Read more...

Do You Have A Gap In Your Plan?

Hopefully you have planned and saved to have an income you can live on in retirement.  You planned to use Medicare and either a traditional supplement or a Medicare replacement plan (advantage)  to cover health care costs.  Hopefully your other available income can be used for basic living expenses, travel, and some fun.… Read more...