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Family Caregiving: Care at Home
Family Caregiving: Are you ready to move your aging parent into your home? Some questions that need to be answered: Am I willing to become a caregiver? How will it impact my finances? If we agree to take care of my patents, will we also agree to take care of yours?...
Hybrid Long-Term Care Policies: Do They Make Sense?
Do Hybrid Long-Term Care Policies Make Sense Hybrid contracts are life insurance policies with a long-term care rider. The advantages include: (1) if you don’t use the long-term care money, it becomes a life insurance policy, (2) if you quit, they give you some or all...
Cost of Growing Older & Effect of Better Planning
Cost of Growing Older Researchers calculated how much care retirees would need, how much they could receive from family and how much they could afford to buy (at $22 an hour for a home health aide in 2018). The study determined that 36 percent of people in their late...
Effects of COVID-19 on Long Term Care
Effects of Covid 19 on Long Term Care These are some of the findings by actuaries in the long-term care insurance business: The mortality rate went up in the older populations thus there were shorter claims People in home care suffered longer due to the fear of...
Washington’s Wish Act Tax: Opt-out Option
Opting out of Washington's Wish Act Tax Opting out of Washington's Wish Act tax is only allowed if there is a privately-owned long-term care insurance plan in place as of November 1st. The opt-out timing begins today, October 1st and ends October 31st. Because of the...
Family Caregiving: Care at Home
Family Caregiving: Are you ready to move your aging parent into your home? Some questions that need to be answered: Am I willing to become a caregiver? How will it impact my finances? If we agree to take care of my patents, will we also agree to take care of yours?...
Hybrid Long-Term Care Policies: Do They Make Sense?
Do Hybrid Long-Term Care Policies Make Sense Hybrid contracts are life insurance policies with a long-term care rider. The advantages include: (1) if you don’t use the long-term care money, it becomes a life insurance policy, (2) if you quit, they give you some or all...
Cost of Growing Older & Effect of Better Planning
Cost of Growing Older Researchers calculated how much care retirees would need, how much they could receive from family and how much they could afford to buy (at $22 an hour for a home health aide in 2018). The study determined that 36 percent of people in their late...
Effects of COVID-19 on Long Term Care
Effects of Covid 19 on Long Term Care These are some of the findings by actuaries in the long-term care insurance business: The mortality rate went up in the older populations thus there were shorter claims People in home care suffered longer due to the fear of...
Washington’s Wish Act Tax: Opt-out Option
Opting out of Washington's Wish Act Tax Opting out of Washington's Wish Act tax is only allowed if there is a privately-owned long-term care insurance plan in place as of November 1st. The opt-out timing begins today, October 1st and ends October 31st. Because of the...