Conversation on TV, radio and social media today continues to be about long-term care and the impact it has on the family, savings and lifestyle. There is advice for those already being caregivers.
Long Term Care
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Social media is in the news. As more people experience a family member suffering from memory loss the issue is coming out of the shadows. People share their thoughts and feelings about dementia and long-term care.
Residents in long-term care facilities often experience grief, especially after a loss of a spouse. Many facilities work hard to provide support and social activities to make it a better environment.
Do you have coverage for long-term care at work? Probably not. Generally, people think long-term care disability is the same as long-term care. It is not. Know some of the misconceptions before you start planning.
The number of American families benefiting from Long-Term Care Insurance continues to rise. A new claims study indicates the major companies paid over $28.22 million a day in long-term care benefits in 2018 alone … over $10.3 billion annually.
Long-Term Care Insurance remains a very affordable way to address the financial costs and burdens that come with aging. A national study of insurance companies shows premiums for new coverage in 2019 varies slightly from plans available in 2018.