Financial

Assisted living offers various benefits to senior citizens, including personalized care, support with activities of daily living (ADL), fall/accident prevention, autonomy, comfort, social engagement, and peace of mind. According to the National Center for Assisted Living (NCAL), the U.S has over 28,000 assisted living communities that provide services to over 800,000 older adults with chronic… Continue reading How is Most Assisted Living Care Usually Paid for?

Guide to Veterans’ Benefits Military veterans are eligible for a wide range of benefits. While many of these benefits apply exclusively to active military personnel, there are many benefits for veterans over the age of 65. If you’re a United States military veteran, you may be eligible for medical benefits, life insurance, and more. You’ll… Continue reading Benefits Guide for Elderly Veterans

How to choose a life insurance policy when you’re over 55 It can be difficult to find a life insurance policy for yourself when you’re over 55. As you age, premiums on such policies increase and it can seem like the effort you’re putting in is not worth the headache. It doesn’t have to be… Continue reading Choosing Life Insurance When Your Over 55

Long-Term Care Insurance Explained Long-term care insurance is an increasingly common option available to people concerned about the cost of long-term care services in retirement. The cost of long-term care can be significant and is often not covered by healthcare plans. With the rising cost of health care, there is a growing demand for reliable… Continue reading A Comprehensive Guide to Long-Term Care Insurance

Tips for Managing a Loved One’s Finances Even though tens of millions of adults take care of loved ones, not many identify as a caregiver. Caregivers usually tend to the needs of another person with limitations such as disability or illness. Besides looking out for the physical well-being of people with limited capabilities, caregivers also… Continue reading A Caregiver’s Guide to Managing Finances for a Loved one

Paying for Assisted Living When your elderly loved one is still physically, mentally, and socially active, interested in pursuing some of their interests, and fairly independent but, at the same time, also requires assistance with some activities of daily living (ADLs), then they may be ready to join an assisted living community. Assisted living is… Continue reading How to Save Money on Assisted Living

Help for the Elderly Parents   Senior citizens require more general care than younger individuals with their day to day lives, so it is important to provide them with services and programs that can give them the help they so desperately need. The majority of these services are given to them through assisted living communities,… Continue reading Help for the Elderly: Programs and Services

State – Coverage Type Single Married (for one spouse) Married (for both spouses) Alabama – Institutional / Nursing Home $2,382 $2,382 $2,382 / spouse Alabama – Waivers / HCBS $2,382 $2,382 $2,382 / spouse Alabama – Regular / Elderly / Blind / Disabled $814 $1,211 $1,211 total Alaska – Institutional / Nursing Home $2,382 $2,382… Continue reading Medicaid Income Eligibility 2021