by Laurel | Feb 10, 2020 | Asset Based Long Term Care, Long Term Care insurance, Medicaid, Traditional Long Term Care
When it comes to long-term care, two facts stand out. First, an estimated 70% of people will need such care, which will be costly. And second, most of them refuse to buy insurance to cover it. The question is, why? Part of the explanation, no doubt, is that...
by Laurel | Sep 25, 2019 | Asset Based Long Term Care, Long Term Care insurance, Medicaid, Men's Health, Traditional Long Term Care
Most of us don’t want to think about the day when we can no longer take care of ourselves, or when our loved ones can no longer live on their own. But the hard truth is that 70% of us will need some form of long term care once we reach our golden years. This means we...
by Laurel | Sep 17, 2019 | Asset Based Long Term Care, Long Term Care insurance, Medicaid, Traditional Long Term Care
The two major fears that American seniors face when ask are number one. Outliving their income followed closely by the concerns of having resources to pay for Long term care in the event of a catastrophic illness. Recently 75 percent of seniors polled had either...
by Laurel | Jul 8, 2019 | Asset Based Long Term Care, Long Term Care insurance, Medicaid
In the many years of speaking to retirees and pre-retirees, I have learned that there are a handful of topics that will more than likely come up. One is the long-term viability of Social Security; I try not to delve too much into this one as it is a total crap shoot,...
by Laurel | Feb 5, 2019 | Home Health Care, Income Rider, Long Term Care insurance, Medicaid, Medicare Advantage Plans/Medicare Part C, Medicare Part A, Medicare Part B, Medigap/Medicare supplement
Three-quarters of Americans—75%—say they don’t currently have long-term care (LTC) insurance, and more than half (53%) of those who don’t say it’s too expensive. A survey conducted online by Harris Poll on behalf of OneAmerica® in August asked 2,065 adults age 18 and...
by Laurel | Feb 5, 2019 | Home Health Care, Long Term Care insurance, Medicaid, Medicare Advantage Plans/Medicare Part C, Medicare Part A, Medicare Part B, Medigap/Medicare supplement
More than half of Americans – 55 percent – mistakenly believe health insurance or Medicare will pay for assistance with daily living due to illness or injury for an extended period of time. A recent survey1 conducted online by Harris Poll on behalf of OneAmerica®...
