Long Term-Care; 70 Million Americans Will Be Over 65 by 2003
We will all grow old; this is a given. We will all have health issues as we grow older, this also is a given. Many people work their whole lives and if they are smart end up with a paid for house and a little nest egg for retirement. This is a good 15% of the population. Good for us as we have a strong middle-class. But whether you are rich or poor there will come a time when you need long-term care. As a matter of fact statistics show tat 10% of use will need long-term care for 3-5 years.
The problem is that such care costs a good $135.00 per day now, not including any future inflation. So something you should be thinking about is; do you have adequate coverage to protect you life's earnings, home and nest egg in the case you are somewhat incapacitated and need home long-term care? Many financial planners are recommending insurance for this; as a matter of fact currently it is all the rage.
When shopping for such long-term care insurance there are things you need to look for besides your basic costs of premiums and general services. Things such as an inflation rider to protect you; also a non-forfeiture rider should be in the policy. The non-forfeiture rider prevents the insurance company from completely canceling your policy if you miss premiums; instead you will get less services or care, but not loss of all benefits. There are also in some policies provisions for limiting premium increases. Insurers cannot raise an individual's premiums but they are allowed to raise premiums for an entire class or category of folks. You need to make sure this will not happen and look for this in your policy.
Guaranteed Renewability is another provision you need to have; meaning they cannot cancel or refuse to renew your policy as you reach and older age of higher risk.
There are over 100 companies, which offer these types of insurance policies but only about 15 or so are any good. Other companies like some abuses in the Insurance Annuity Business may simply collect lots of premiums and then go out of business in the future, leaving you high and dry after taking your premiums. Please be careful and think about this.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
The Best Investment You Can Make Right Now: Long Term Care Insurance
Don't think you need it? Consider this: a full 50% of Americans over the age of 50 will need long term care at some point in their lives. The average cost of nursing facility care (or home health care assistance) is $61,000 per year, and the average stay in a long term care facility is 2½ years. Can you think of a faster way to decimate your nest egg?
Second Hand Stair Lifts
Buying second hand stair lifts is a viable and cost effective alternative to purchasing a brand new stair lift. Most stair lifts can be purchased new or second hand.
Why Everyone Over 50 Should be Training for the Senior Games
by Phil Campbell, M.S., M.A., FACHESenior Games participant and author of Ready, Set, GO! Synergy Fitness - 2nd Edition
When the Box is Empty
The King had a modest kingdom. He was Danish. This meant he was proud, tall, athletic and he enjoyed a quick wit. He was married to a princess from Great Britain at a very young age. They were both really just children when they began their own family.
The Truth About Christmas
Every year, as Christmas approaches, you hear Christmas carols everywhere. Sometimes to the point where another Silent Night would make you want to silent the sound system.Everyone is scrambling to buy Christmas gifts for everyone in a list that seems miles long. The queues to pay up and the queues for a parking lot seem endlessly long too.Christmas cards are sent out to friends and family, some of whom you might not have seen for years. Beautifully decorated christmas trees pop up every where. Buildings are dressed in lights, mistletoes, bells, and other Christmas decorations. Santa Claus, his elves and reindeer are seen every where. Kids get more and more excited as Christmas approach. Even grown ups prepare for the onslaught of Christmas partying during that time of the year. Party dresses are purchased. Everyone gets ready to dress to their nines.In all this excitement, do you know what you are celebrating? What is Christmas actually? It sometimes seems like a brillian invention of the toy makers to push sales of toys to all the parents around the world. A sales marketing ploy of the retail industry.Actually, Christmas is the celebration of the birth of Jesus Christ. Long ago, a little baby was born to a girl who was still a virgin. The baby was born in a manger, among the animals, yet angels proclaimed his birth. Wise men followed a star that marked his birth and presented him with precious gifts, to pay homage to him. It all seemed so beautifully sweet.. until you realise the reason why this child was born. This baby was born to die. To be crucified on the cross while still in his prime. Killed alongside murderers, on the insistence of the crowds, even though he had not committed a crime... days after being welcomed into Jerusalem by crowds of people waving palm leaves, shouting Hosanna, praising him.It was a gruesome death. He was whipped and then his body, all covered with blood, still a live, was nailed to a cross and left to die. Upon his death, the skies turned dark. There was an earthquake The curtain separating the holiest place in the temple in Jerusalem from the rest of the area was torn in two. 3 days later, his tomb was empty and the heavy stone was rolled away. His disciples and those close to him saw him. He spent time with them, ate with them, showing he was alive and not a ghost. Later, while talking to a crowd of people, he rose up in the sky disappeared into the clouds.All this happened for a reason.The first man and women, Adam and Eve disobeyed God. That was the first sin. From then on, every one of us sins. A tiny white lie, doing what we know we shouldn't do... The penalty for sin is death. The only one who did not sin is Jesus. Jesus is the Son of God. Mary was a virgin when she conceived Jesus. Jesus had to die on the cross to win forgiveness for anyone who chooses to accept his gift. The real Christmas gift.Sounds far fetched? That's why they are called miracles. Miracles are still happening today. All over the world. Check out Lighthouse which has miracle services every Saturday. You can read the pastor's latest sermon each week there too.A good resource that explains every detail of the Christmas story is http://www.answersingenesis.org/ Actually, that site explains the creation vs evolution theories, dinosaurs and a lot more.So the next time the pressures of Christmas preparations drive you up the wall and you wish you could kill the person who invented Christmas, don't worry. You already have.
Compare Nursing Homes
Finding the best nursing home is easier than you might think. That is assuming there is more than one nursing home in your area so that you have something to compare. The sad part is that the best nursing home is just the one that meets your expectations better than its competitors. That doesn't mean it is a good nursing home, it might even mean that it just isn't the worst.
Helping Caregivers Get Comfortable Asking For Help
Becoming a care giver might not have been a conscious decision on your part. It may have arrived quietly and unnoticed because you are the adult child of your elderly parents who now require care or you may have a special needs child that exacts your constant attention or a friend or spouse has become very ill and needs your support. In any of these situations the impact of providing constant care is tremendous.
What You Need to Know About Helping Senior Citizens
Whos Gonna Take Care of You When Youre Old?
I finally went to the doctor this morning for my bad cold. My appointment was for 9:30 am and yet I didn't get home until after 1:00 pm.
If Using The Stairs Has Become A Daily Struggle, A Stair lift Could Change Your Life
Using stairs is an everyday nightmare for many people. As we grow older the stairs in our home can become more of a struggle due to mobility problems associated with old age, an accident or illness. Often when out shopping or in a public place an alternative can be found such as a lift or escalator, but the stairs at home can become a daily challenge. Many people who experience difficulty climbing the stairs come to dread having to use them. For people whose bathroom or toilet is upstairs it can be even more of an issue.
How To Find Affordable Senior Housing
A few years ago Miranda M. became a widow. After a short time her grandson (her only available relative) persuaded her to move across several states to be closer to him.
Honey, Where Are The Car Keys?
Q: My mother is always losing, hiding and hoarding things, I am losing my mind! What can I do to get her to stop?
10 Tips to Keep a Family Caregiver from Losing Their Mind
Caring full time for a loved one can be a challenging task, and it takes a special person to get the job done right. Patience and compassion are the two top qualities a caregiver must possess in order to be successful. Caring for someone who suffers from Alzheimer's disease or other forms of dementia can be an uphill battle at times. This requires planning on behalf of the caregiver in order to keep from burning out. The following are useful tips on how to remain a hardworking caregiver while maintaining your sanity:
Strategies on Paying for Nursing Home Care and Medicaid
The decision to place your loved one into a nursing home is anextremely difficult decision, often causing much guilt for thecaregiver. It is a very emotional decision for most clients we see andmost are under a certain amount of stress, often great, when facing whatthey consider to be a drastic course of action.
Just Give Them a Lot of Love and You?ll be Fine
It was right about this time, 19 years ago. My wife and I were sitting in the very last Lamaze birthing class, soon to be brand new parents. I felt a wave of anxiety come over me. I had to ask the question. I raised my hand. The Nurse, her name was Dorinda, pointed at me and said, "Yes, you have a question." Did I have a question? I just knew EVERY Dad was wondering the same thing? "You have given us some great information, almost too much. I am afraid I am going to forget all this stuff?then what?" I could feel the other Dad's nodding. She smiled; she was very wise and patient. She had taught thousands of new Dads. "That's a great question," pausing for effect, she continued, "That little baby doesn't know you don't know. Just give him a lot of love, you will be fine." It turned out to be the best parenting advice I ever received.
Arizona Assisted Living Homes -- The Alternative to High Priced Senior Care
The cost of skilled nursing care is slowly rising. Currently, the average cost of care in Arizona ranges from $3,500 to $4,500 per month. Skilled nursing facilities are great for seniors who require skilled nursing care by medical professionals such as registered nurses or physicians. However, is skilled nursing care appropriate for those who only require assistance with their activities of daily living (ADLs) such as bathing, dressing and going to the bathroom? Is it realistic for someone to pay $3,000 to $6,000 a month for skilled nursing care when their only requirement is assistance with their ADLs? Believe it or not, there are many seniors who do not require skilled nursing care and remain in nursing homes due to their lack of knowledge of the options available to them. There are affordable alternatives to nursing home care. When a senior requires long term care without 24 hour medical supervision, the preferred alternative is Assisted Living Homes.
Mom Wont Participate!
Q: Six months ago we placed my mother in an assisted living facility. She gets along fairly well, but we thought she would get involved with all of the activities. Instead she complains that she is very lonely, and won't participate. Do you have any suggestions?
Arizona Assisted Living: Resident Rights
According to the Arizona Administrative Code (R9-10-710), those who reside in assisted living facilities in Arizona have certain rights. In addition to having the right to live in an environment that promotes dignity, independence, self-determination, individuality, privacy and the right of choice, the following are a few of the rights given to residents who reside in assisted living facilities:
Local Businesses Serving Seniors Prove Commitment to Quality Care
Good news! You no longer have to risk chance when it comes to selecting a reputable elder care service for yourself or for a loved one. Senior Approved Services has certified a select number of businesses in our area serving the elderly and disabled populations.
Prevent or Delay Alzheimers Disease
Argh! Where are my glasses? I put them down . . . to do what? And when?
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