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And who knows how many don’t realize that they can’t afford long-term care: A new poll released Wednesday by The SCAN Foundation and the UCLA Center for Health Policy Research found that half of California voters say they’ll need long-term care for a close family member in the next few years, but won’t be able . . . → Read More: Half of Californians Say They Can’t Afford Long-Term Care For Family That’s one of the biggest questions we get once folks find out that Medicare doesn’t cover long-term care. Do we really have to go broke to broke in order to get Medicaid assistance for long-term care? Well, the answer is Sort of… Medicaid is the country’s largest public payer of long-term care. If you are . . . → Read More: Do We Really Have To Go Broke To Go On Medicaid Long-Term Care? We get asked a lot about buying long-term care insurance by readers, and we try to be cautious in our advice. Even though long-term care insurance can be a great option to help finance eventual long-term care there are plenty of pitfalls that would-be long-term care insurance policyholders can fall into as well. We have . . . → Read More: Are You Picking a Long-Term Care Policy That’s Affordable Enough for You? We get asked a lot about buying long-term care insurance by readers, and we try to be cautious in our advice. Even though long-term care insurance can be a great option to help finance eventual long-term care there are plenty of pitfalls that would-be long-term care insurance policyholders can fall into as well. We have . . . → Read More: Long-Term Care Insurance: Will Your Long-Term Care Insurance Really Pay Your Claims? It’s the beginning of of tax season and we know you’re all trying to think of as many tax deductions as you can. Here’s one that not too many people think of on their own, but can be super-helpful to those of you who have bought long-term care insurance for yourself or your parents or . . . → Read More: Tax Season Tip: Deducting Long-Term Care Insurance From Your Taxes You might need to sit down for this one. Ever since the Obama Administration announced that the CLASS program for long-term care is being cancelled, we’ve been getting questions from seniors and their children asking whether now is the time to start thinking about private long-term insurance again. Even though CLASS was not designed to . . . → Read More: Do You Know How Much Long-Term Care Will Cost You? We get a lot of emails from adult children who, for one reason or another, have helped their aging parents move into an assisted living facility. And more often than not, those emails are about how shellshocked they are when the bills start arriving. Yes, long-term care in an assisted living facility is expensive, no . . . → Read More: Are You Being Realistic About How Much Long-Term Care Will Cost? 3 Tips On Moving Your Parent Into An Assisted Living Facility Considering how much many of us worry about how we will be caring for parents and grandparents as they age, we’ve been wondering for a while why we haven’t heard more about how the new Community Living Assistance Services and Supports program (usually called the “CLASS” program) since it was announced as part of the . . . → Read More: CLASS Program Gone: 3 Secrets to Picking Long-Term Care Insurance Considering how much many of us worry about how we will be caring for parents and grandparents as they age, we’ve been wondering for a while why we haven’t heard more about how the new Community Living Assistance Services and Supports program (usually called the “CLASS” program) since it was announced as part of the . . . → Read More: Healthcare Reform: CLASS Program for Long-Term Care Dropped With state budgets busting at the seams, we’ve been watching some very painful cuts to state Medicaid budgets across the board. Today, we thought we’d share a story about how those Medicaid cuts are affecting long-term, Medicaid patients in Illinois. From the time he was paralyzed in a high school football game in 2000, Rasul “Rocky” Clark . . . → Read More: Cuts to Illinois Medicaid May Force Out Long-Term Patients |
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