Even if you have a long-term care insurance policy, you may likely be hoping that you won’t ever have reason to use it. Regardless of what the future holds, there’s one silver lining of which you may not be aware. That is, premiums on many long-term care insurance policies are in fact tax-deductible. What Is […]
Retirees: Deduct Your Long-Term Care Insurance Premium Read More »
More than 65 million seniors across the country benefit from Medicare, a government health insurance program. When Does Medicare Start? At age 65, you become eligible for Medicare if you are a U.S. citizen. You do not have to wait until you retire to apply for the program. You can enroll in Medicare beginning three
Medicare Benefits 2024: 5 Positive Changes for Seniors Read More »
Malnutrition, which happens when the body does not get the nutrients it needs, is a major concern for seniors. Life-threatening malnutrition disproportionately affects those 85 and older. Recognizing malnutrition can help family members and caregivers know when to seek out medical care and assistance for their aging loved one. Undernourished older adults can experience wasting, in
Recognizing Malnutrition in Older Adults Read More »
Despite the considerable level of stress that can come with serving as a unpaid caregiver, a new study now suggests that taking care of a loved one may in fact lead to increased longevity among older women. The findings, published in The Journal of the American Geriatrics Society, revealed that women who said
Do Caregiver Duties Help Older Women Live Longer? Read More »
The Lifeline Program is a federal program that works to lower the cost of phone and internet services for low-income American households. The Lifeline Program can certainly benefit an older person living on a fixed income. With the reduced costs that Lifeline provides its customers, seniors can stay connected on a budget. How Much Can
What is the Lifeline Program? Read More »
According to a recent study published by Alignment Health, there are three major issues that affect quality of life for older Americans: To help address the issue of food insecurity, grocery delivery company Instacart will be rolling out new support services dedicated to seniors in 2024. What Is Food Insecurity? According to the United States
Instacart to Help Older Adults Address Food Insecurity Read More »
A part of long-term care planning can include finding the right nursing home facility for yourself or your loved one. When you are searching for the right nursing home, you may find yourself sifting through piles of paperwork, and in that mountain of documents can be an arbitration agreement. Some nursing homes may attempt to
Understanding Nursing Home Arbitration Agreements Read More »
Housing options and the associated costs are among the top priorities for many seniors. Today, the housing market is unpredictable, while many seniors currently living independently may also have concerns about continuing their lifestyles. Moving to an independent living facility may be the best choice to accomplish your financial goals and maintain your way of
Is an Independent Living Facility Right for Me? Read More »
The National Council on Aging reports that more than 16.5 million adults 65 and older experience economic insecurity, with incomes below 200 percent of the federal poverty level. Rising housing and health care bills can burden seniors on fixed, limited incomes. Life insurance is an asset that many older adults have. According to Vital Life, 57 percent of
Selling Your Life Insurance Policy to Help Cover Expenses Read More »
You may be in need of a medical procedure, such an MRI, or are due to refill a certain prescription medication. And yet you may find yourself having to wait until your insurer approves coverage for it before you can move forward. At a minimum, this process, known as prior authorization, can prove inconvenient. Worst
Prior Authorization: Why Is It Holding Up My Medical Care? Read More »