Medicaid LTC Is Very Costly For States
Among people eligible for Medicaid but not Medicare, long-term care residents are most likely to be among the costliest beneficiaries for a state, according to a new report from the Government Accountability Office. Senator Charles Grassley (R-IA) requested the report, noting that much research has focused on those eligible for both Medicaid and Medicare, but […]
Number Of Families Providing LTC Increasing Dramatically
More than 8 million people (mostly women over 65) used the services of a LTC provider in 2012, according to the first ever compilation of federal data on the subject by the National Center for Health Statistics. This includes adult day care, home health care providers, assisted living facilities and nursing homes. However, the lion’s […]
“Senior Tsunami” To Come
A recent California study projects “an unprecedented senior tsunami” led by 65 – 84 year old baby boomers. This group will swell nursing home residency to more than double current levels in just over 15 years. The findings by the UC-Berkley study paint a dire picture for California by 2030, when the state’s Medi-Cal Long Term Care […]
What Americans Aging Means For Long Term Care
The population of America is growing at its slowest rate ever. Population increased last year at only 0.72%. Yet 10,000 Americans turn 65 every day. We are becoming an older population. You may have read about legislation in many states to raise the minimum wage. The great majority of Long Term Care (LTC) is done […]
Medicaid Is Just Fine, Isn’t It?
If I had a nickel for every time I heard people say that Medicaid gives you the same care as paying for care does……… True, there is no sign above the door in your facility stating if you are paying the full bill for care or if Medicaid is paying the bulk of it. However, getting […]
Minnesota Makes it Harder to Collect Medicaid For LTC
Many state have been working diligently to provide Medicaid benefits for home care instead of forcing Medicaid recipients into nursing homes. This serves more people in nicer and often more appropriate settings. However, it does not seem to save money as when the medicine tastes good, more people want the medicine. Starting this month, home […]
Cholesterol and Alzheimer’s Disease Link Strengthens
http://www.latimes.com/science/sciencenow/la-sci-cholesterol-alzheimers-link-20131230,0,4639284.story#axzz2p4eJG4pU The above link to a Los Angeles Times article published December 30, 2013 indicates that “well before signs of dementia trigger a diagnosis of Alzheimer’s disease, a person’s cholesterol levels may be a bellwether of amyloid plaque build-up in the brain, a new study finds. Long considered a reliable predictor of heart attacks and […]
Medical Tourism For LTC?
It is becoming more acceptable to travel for medical or dental care, both for access and saving money. Many travel to India for heart surgery, Singapore and Thailand are destinations for all sorts of medical care, and my clients who winter in Arizona have most if not all dental work done in Mexico. But traveling […]
It’s Christmas, I’ve Got A Great Gift Suggestion
It’s Christmas, and mom and dad (well dad, anyway) are probably hard to shop for. You love them, you want them to be happy, and you may not have the time, room, or energy to have them move in with you someday. So why not buy them some Long Term Care insurance? Expensive, you say? […]
New Updated Wisconsin LTC Medicaid Numbers for 2014
Medicaid (taxpayers) pay for the majority of Long Term Care (LTC) in this country, and have for some time. To qualify for Medicaid one must be impoverished, meaning they have spent their assets down to $2000, cashed in life insurance that would pay out more than $1500 at death, and are allowed to keep $45/month of […]
