Most long-term care involves assisting with basic personal needs rather than providing medical care. The long-term care community measures personal needs by looking at whether an individual requires help with basic activities. ADLs Meaning ADLs, or activities of daily...
Seven out of 10 people will require assisted living care in their lifetime. In 1995, the National Center for Assisted Living created National Assisted Living Week to shed light on the critical role that assisted living communities play in many older adults’ lives....
When applying for Medicaid many people often forget about life insurance. But depending on the type of life insurance and the value of the policy, it can count as an asset. This may affect your eligibility for Medicaid. What Is Medicaid? Am I Eligible? Medicaid is a...
Are you among the roughly 50 million seniors with a Medicare Part D prescription drug plan? You may end up paying less for certain medications come 2026 – and beyond. Negotiating Prescription Drug Costs The cost of brand-name prescription medications has increased...
Medicare’s Annual Enrollment Period (AEP) is just around the corner. In just a little over a month, those of you who are looking to enroll in a Medicare plan will have a chance to do just that. If you want to make the most of AEP, preparing for the event is key....
Starting an estate plan can be overwhelming, and you probably have many questions. You are not alone. Below are eight questions people often ask about last wills and testaments as they begin to think about estate planning. 1. Aren’t Wills Only for Wealthy People? This...
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...
According to the Health System Tracker, individuals in the United States have more than $195 billion in medical debt. Medical credit accounts for a portion of this debt. From 2018, to 2020, people in the U.S. used medical credit cards or loans with deferred interest...
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...
When planning your estate it is important to understand the difference between probate and non-probate assets. What Is Probate? Probate is the process through which a court determines how to distribute your property after you die. Some assets are distributed to heirs...
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