Caregiving Services for Sterling Heights, MI and Surrounding Areas

Room For Improvement In Elderly Long-Term Services and Support Programs Though some states have better policies in place for supporting and providing care for the elderly and the disabled, a recently published AARP report indicates that even the highest-performing states are far from perfect when it comes to long-term service and support….

Is Long-Term Care Uninsurable?

Options for funding future care are dwindling for the millions of baby boomers who will need pricey long-term services as they age. Since 2004, the number of long-term care insurance policies dispensed in the United States has decreased by 38 percent, according to a recent industry analysis conducted by Moody’s…

Could You Wait Until 80 To Retire? You May Have To

Even if minimum age for collecting Social Security remains the same, the majority of American adults will have to push their retirement back by a decade or more—continuing to work into their late 70s or early 80s—to make sure they can cover their expenses once they stop working, says a new study…

Is Long-Term Care Uninsurable?

Options for funding future care are dwindling for the millions of baby boomers who will need pricey long-term services as they age. Since 2004, the number of long-term care insurance policies dispensed in the United States has decreased by 38 percent, according to a recent industry analysis conducted by Moody’s…

Long-Term Care Insurance Rates on the Rise for Women

Women seeking to prepare for their future by purchasing a long-term care insurance policy may soon see the prices of such plans hiked by as much as 40 to 60 percent, according to the American Association for Long-Term Care Insurance (AALTCI). In an unprecedented move in the world of long-term…

Can I Get Paid as a Caregiver?

Most caregiving starts out as a labor of love, but it can quickly grow into an expensive obligation. In these economically insecure times, caregivers are struggling with heavy financial responsibilities, especially if they’ve had to quit their jobs to provide care. I’m often asked by caregivers whether they can be paid for the work…

Who Pays for Long Term Care?

Consumer surveys reveal common misunderstandings about which public programs pay for long-term care services. Many people believe they can rely on Medicare to pay for their long-term care services. However, Medicare only pays for long-term care if you require skilled services or rehabilitative care for a short period of time….

AARP Urges Congress to Make Long Term Care Decisions, Stresses In-Home Services

AARP issued a statement recently stressing the need for lawmakers to focus on long term care regulations via the Commission on Long-Term Care, with a focus on care based in homes and communities as a cornerstone. The commission held a hearing last week in preparation for a September deadline by…

Long term care: Early planning pays off

Long term care is a general term used to describe various home and community-based services for adults who need help taking care of themselves. If you’re considering long term care options for yourself, a parent or another loved one, start the research and discussions early. If you wait, an injury…

The U.S. System for Financing Long-Term Care is Crumbling

America’s system for financing long-term care is failing, and the window for creating a payment system that works is rapidly closing. That was the conclusion of a morning-long expert session sponsored last week by the SCAN Foundation. While the participants differed on specific solutions, most agreed on four key issues: The existing…