Homecare - The Differences Between Full-Service Agencies, Private Hire & Referral Agencies
Homecare, also known as in-home care, provides a caregiver to work in your home and help with activities of daily living (ADLs), instrumental activities of daily living (IADLs) and household chores. Some homecare aides accept clients who live in assisted living or skilled nursing facilities, and in those cases they work with their clients in […]
Fund Unexpected Elder Care Costs With Your Personal Resources
When shifting circumstances bring unexpected elder care costs, they also bring the urgency of having to make short and long-term financial decisions. It is at this point that one must confront the reality of the exorbitant costs of care for the chronically ill and elderly.
In 2007, the annual cost of long-term care in the US […]
Geriatric Care Managers - How to Find And Assess
Once you’ve narrowed your choices down, it’s important that you meet with those Geriatric Care Managers (GCMs) in person to determine which one is the best fit for you.
Finding a GCM - Most GCMS are members of the National Association of Professional Geriatric Care Managers (NAPGCM), an organization whose standards of practice are highly regarded […]
The Family Caregiver - Parenting Your Parent Or Spouse
As you know, most family members don’t expect to become caregivers. When a situation such as a family member suffering a paralyzing stroke, receiving a diagnosis of Parkinson’s, or as it was in my own case, my mom’s diagnosis of Alzheimer’s disease, a family member, usually the spouse or an adult child is suddenly thrust […]
The Advantages of Long-Term Care Insurance For Couples
Long-term care insurance is a good financial protection vehicle for anyone who has enough assets to protect and can comfortably afford the premiums. It can help ensure that all of the time and effort you have spent on acquiring a sufficient retirement income is not lost due to the rising costs of long-term care.
There are […]