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.
I counsel ourcaregiver clients to get beyond the guilt as quickly as they can,because the situation their loved one is in is not the caregiver'sfault. And besides, the longer you remain under this stress, the lesshealthy you eat, or you eat way too much, the less you sleep, and somestart drinking (my own mother started this late at night after she gotmy dad settled in bed for the evening ? not healthy to say the least).
The stress of caring for a loved one is constant and unrelenting. Itis a physical, mental and emotional grind. On numerous occasions, wehave actually had caregiver clients die before the spouse in the nursinghome. Sometimes, the caregivers die shortly after the nursing homespouse dies. The stress of being a caregiver can be deadly serious,especially for older clients who are caregivers for their spouse.
You have to recognize it and develop a plan to deal with it.
Get your children involved in developing a plan to deal with yourloved one's incapacity. And remember, plan for the absolute worst casescenario. Get to an attorney who can help you develop a plan to help youwith your particular situation. And this is especially important as soonas you detect any signs of dementia in your parent or spouse, or as soonas you begin to detect physical problems with your loved one. The sooneryou begin the plan, the better off the family will be.
NOW, HOW DO WE PAY FOR MAMA'S NURSING HOME CARE? There arereally only three ways to pay for a stay in a nursing home.
LONG TERM CARE INSURANCE (LTCI). If Mama was far-sighted enough, shemay have purchased LTCI in the past before she needed it. This would bean excellent source of funds to help defray some or all of Mama's longterm care costs. Unfortunately, very few seniors, those over age 60,have LTCI coverage.
SELF PAY. This essentially means that Mama has enough income orfinancial assets to pay her own way in the nursing home. However, manyfamilies don't have the income or the financial asset base to be able topay $4,000 to $7,500 or more a month for a bed for very long in anursing home.
MEDICAID. This is a state-administered medical benefit program whichwill pay for the cost of a nursing home stay if three tests are met,i.e., medical need, asset, and income. Medicaid is obviously aneeds-based program, funded partially by state funds, but mostly byfederal funds. Many people are under the mistaken impression thatMEDICARE, which most seniors in this country over age sixty-fiveparticipate in to one degree or another, will cover the cost of theirstay in a nursing home.
(c) Copyright 2005 P.L.Fields LLC
P.L. Fields is a Medicaid Expert and President of SeniorStrategies, a service that helps seniors save time and money. Tolearn more about the secret strategies and solutions that Medicaidlawyers charge to get clients qualified for Medicaid, while protectingtheir assets, visit: http://www.medicaidsecrets.info
Q: I hate Alzheimer's disease, not only has it robbed me of my husband, but it has taken my life too! I feel like all of my friends have disappeared. I am lonely, and that makes me feel guilty. Help!
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?
Arizona Senior Housing: Care Options for Seniors Who Can No Longer Live Alone
The following are a few of the care options available for seniors who can no longer live on their own and require assistance with their Activities of Daily Living (ADL), or require skilled nursing care. Every state is a little different in terms of availability and cost, state regulations, and the specific names used for each care option:
Senior Care for Alzheimer?s
As a person ages, a certain amount of memory loss and confusion is quite normal. Personally, I've been known to invoke the cliché, "The older I get, the better I was!" Unfortunately, Alzheimer's disease represents a more serious loss of mental sharpness and calls for special care for seniors.
Caregiving Across The Miles?Tips for Successful Long Distance Caregiving
Caring for a parent or a loved one is a difficult job. Your duties as a caregiver become increasingly difficult as the miles increase between you and your loved one. The following are a few helpful tips in order to plan ahead in the event your loved one needs your help, as well as ideas on how to become a successful caregiver once your caregiving duties begin.
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.
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.
Scaling Down (Almost) Painlessly
Moving to a smaller house or apartment in a retirement community almost always involves a certain degree of trauma, both for the elder who's moving and for family members. However, by planning ahead you can reduce the discomfort involved and turn what might well become a nightmare into a pleasant event.
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.
Assisted Living Facilities ? What Are They?
Assisted Living facilities are generally for person's 60 years of age and older. Typical candidates need assistance with "Activities of Daily Living" (ADLs), but wish to live as independently as possible. Assisted Living communities exist to bridge the gap between seniors that can live independently and skilled nursing homes.
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.
Who Wants to End Up in a Nursing Home? NO ONE!
As a long-term care consultant for seniors and their families I have visited many different types of facilities. But my favorite type of facility to visit is adult family homes.
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.
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?
Advocate For Senior Citizens ? Protecting Against Abuse and Fraud
Ruth is 87 years old this year and has been living alone since 1997. She is in good health, however the daily chores around the home became increasingly difficult. Ruth turned to her church bulletin and found a 'Home Care Company' advertised.
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.
Hinged Rail Stair Lifts
If a door at the top or the bottom of the stairs may be blocked by the rail of the stairlift, there are a number of models designed to overcome this problem. Some manufacturers are able to produce a rail with reduced overhang upstairs, so the lift will not protrude as far into the hallway. This may solve the problem at the top of your stairs and is a very cost effective solution.
Marketing, Selling, and Serving the Older Adult, Senior Citizens, Family Caregivers
Are your clients pleased by the fine quality service that you provide? Validating your clients' endorsement of you through Certification as a Senior Approved Service will increase your client base. Senior Approved Certification leads a family towards a service like yours side stepping the possibility of connecting with a less than desirable service.
What You Need to Know About Helping Senior Citizens
Senior Living: 5 Ways to Help Reduce the Risk of Falling
Every year we hear stories of seniors falling, ending up in hospitals and never fully recovering. Unfortunately, these falls often result in death. According to the Centers for Disease Control and Prevention (CDC), falls are the leading cause of injury related deaths for seniors age 65 and older. Every year, approximately 35% to 40% of seniors over 65 years of age fall at least one time. The following are five ways to help reduce the risk of you or a loved one from falling:
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