Long Term-care; 70 Million Americans Will Be Over 65 By 2003
We will all grow old; this is a given. We will all have health issues as we grow older, this also is a given. Many people work their whole lives and if they are smart end up with a paid for house and a little nest egg for retirement. This is a good 15% of the population. Good for us as we have a strong middle-class. But whether you are rich or poor there will come a time when you need long-term care. As a matter of fact statistics show tat 10% of use will need long-term care for 3-5 years.
The problem is that such care costs a good $135.00 per day now, not including any future inflation. So something you should be thinking about is; do you have adequate coverage to protect you life's earnings, home and nest egg in the case you are somewhat incapacitated and need home long-term care? Many financial planners are recommending insurance for this; as a matter of fact currently it is all the rage.
When shopping for such long-term care insurance there are things you need to look for besides your basic costs of premiums and general services. Things such as an inflation rider to protect you; also a non-forfeiture rider should be in the policy. The non-forfeiture rider prevents the insurance company from completely canceling your policy if you miss premiums; instead you will get less services or care, but not loss of all benefits. There are also in some policies provisions for limiting premium increases. Insurers cannot raise an individual's premiums but they are allowed to raise premiums for an entire class or category of folks. You need to make sure this will not happen and look for this in your policy.
Guaranteed Renewability is another provision you need to have; meaning they cannot cancel or refuse to renew your policy as you reach and older age of higher risk.
There are over 100 companies, which offer these types of insurance policies but only about 15 or so are any good. Other companies like some abuses in the Insurance Annuity Business may simply collect lots of premiums and then go out of business in the future, leaving you high and dry after taking your premiums. Please be careful and think about this.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Prevent Or Delay Alzheimers Disease
Argh! Where are my glasses? I put them down . . . to do what? And when?As the daughter of an Alzheimer's patient, this inability to keep up with everyday items, like my glasses and car keys, drives me absolutely nuts! Absent-mindedness has always plagued me. Now, it keeps me anxious and guessing. Is this an early sign of Alzheimer's disease? Could I end up like my father, crippled with this disease? I decided to stop worrying about it and act!I searched the latest literature to see what techniques (no prescriptions, thank you!) could prevent or delay the onset of Alzheimer's disease. Here are some of the things I found.Diet Counts!Vitamin EDiets rich in vitamin E...(related: Elder Care)
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...(related: Elder Care)
Exercise Walking For Seniors: Preventing Foot Problems
Exercise has a very important role in the general health and the quality of life of everyone, but especially in seniors. Seniors who walk tend to look younger, sleep more soundly and have fewer visits to the doctor. Walking for 30 to 60 minutes four to six days a week will help improve osteoarthritis and decrease the risk of osteoporosis, heart disease, hypertension, diabetes and obesity. Walking is the top recreational sport for seniors.Although many seniors may be scared to start an exercise program because they are worried about injury, the health benefits of exercise outweigh the risk of injury. Walking is considered one of the best forms of exercise because it's safe, cheap and easy. Unfortunately, foot problems can p...(related: Elder Care)
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 your...(related: Elder Care)
The Truth About Christmas
Every year, as Christmas approaches, you hear Christmas carols everywhere. Sometimes to the point where another Silent N...(related: Elder Care)
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 li...(related: Elder Care)
Solitary Confinement -- For Life
Sixty-five year old Arthur Jones served a self-imposed life sentence - in his own home.Arthur lived in a high crime neighborhood, so he built iron cages around his outside doors and installed bars on all the windows. No one could find it easy to break in to Arthur's house!I met Arthur a few years ago, although you would hardly call our interaction meeting. When I arrived to deliver his meal, as part of the Meals-on-Wheels program, Arthur barely cracked open his front door even though his cage clearly protected him. He refused to open the cage door at al...(related: Elder Care)
Board And Care Homes ? What Are They?
Board and Care homes (also known as RCFE's - Residential Care Facilities for the Elderly) are residential private homes that have been licensed by the Department of Social Services to provide services to seniors. Most accept no more than six residents, but offer a cozy, home-like setting for frail seniors. At least one caregiver is on the premises at all times to assist residents.Board and care homes come with a variety of characteristics. Rooms can be shared or private and may include a shared or private bath...(related: Elder Care)
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?A: This is a great question and I have a lot of material to work with.My grand mother had made me the most beautiful doilies. One resident in my adult family home insisted that they were the ones she had made and took them when I wasn't looking. I would put her in bed at night only to find my doilies hidden in her diaper.After dinner one evening we discovered a client's $3000.00 dollar pair of hearing aids wrapped up in a nice little napkin and stuffed in her drinking cup.Some residents would go through others belongings, when I would suggest that they stop because the purse belonged to someone else, they would reply, "I know that" and would continue digging.The weirdest experience I had was...(related: Elder Care)
If Using The Stairs Has Become A Daily Struggle, A Stair Lift Could Change Your Life
Using stairs is an everyday nightmare for many people. As we grow older the stairs in our home can become more of a struggle due to mobility problems associated with old age, an accident or illness. Often when out shopping or in a public place an alternative can be found such as a lift or escalator, but the stairs at home can become a daily challenge. Many people who experience difficulty climbing the stairs come to dread having to use them. For people whose bathroom or toilet is upstairs it can be even more of an issue.
10 Tips To Keep A Family Caregiver From Losing Their Mind
Caring full time for a loved one can be a challenging task, and it takes a special person to get the job done right. Patience and compassion are the two top qualities a caregiver must possess in order to be successful. Caring for someone who suffers from Alzheimer's disease or other forms of dementia can be an uphill battle at times. This requires planning on behalf of the caregiver in order to keep from burning out. The following are useful tips on how to remain a hardworking caregiver while maintaining your sanity:1. Maintain hobbies or interests. Find time to do the things you enjoy. You'll find that life outside of care giving has a lot to offer. By taking the time to enjoy your interests, you'll feel motivated to keep caring for your loved one.2. Join a support group. There are many online a...(related: Elder Care)
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.There are over 2200 adult family homes in Washington State. Adult family homes have many things in common, but are each unique in their individual decor' and house size. Some are ultra fancy, some are tailored for country type folk, while some are modern and are bursting with color.Each provider, lik...(related: Elder Care)