How to Find the Best Nursing Home for Your Loved One

Q. We are looking for the right nursing home for my mother, but I’m having trouble knowing whether to trust the ratings I see online on the federal government’s Nursing Home Compare website. For instance, there’s a nursing home … [Read more...]

Critter Corner: Red Flags When Choosing a Nursing Home

Dear Ribbit, We are currently looking for a nursing home for my father and we narrowed it down to two. I have made several visits and interviewed staff and residents using your Nursing Home Evaluation Tool. There were certain … [Read more...]

New Resource Will Help Consumers Connect With LTC Insurers

Since 1990, nearly 10 million Americans have purchased a long-term care insurance policy. Unfortunately, when the policies were needed 15-20 years later, many of these people (or their adult children) couldn't find the copies of … [Read more...]

Critter Corner: When Should I Plan for Long-Term Care?

Dear Angel, I read somewhere that I should start planning for long-term care now. I am only 40. That seems young. Is this correct and why? Thanks! Jus Fortee --- Dear Jus, What you read is correct. Advisors … [Read more...]

Do CCRCs (Life Plan Communities) Have a Capitalization Problem?

By Jack Cumming Starting a senior housing enterprise or opening a new facility requires sizable investments in real estate, planning, building, and marketing. It is capital intensive. It is also a trust business in which aging … [Read more...]

Critter Corner: Can I Use a Health Savings Account to Pay for Long-Term-Care Insurance or a Hybrid Life Insurance Policy?

Dear Angel, I have a Health Savings Account through my work. Can I withdraw money tax-free from my health savings account to pay my long-term-care insurance premiums? If I can, is there a limit to the amount I can use? Does it … [Read more...]

Long-Term Care Insurance vs. Life Insurance with a Long-Term Care Rider

Q. My mother was in a nursing home for about two years prior to her death, and it cost the family most of her savings. I don't want the same to happen to me and my husband. Therefore, we are trying to make the decision of buying … [Read more...]

Groceries? Air Conditioners? – Extra Benefits for Medicare Advantage Policy Holders

Michelle recently had a discussion with her mother, Rose, about ways to make Rose's house more comfortable and easier-to-navigate. Rose's mobility isn't what it used to be and she can no longer walk, and is unable to drive herself … [Read more...]

Paying for Long-Term Care . . . through Payroll?

Laurie Jinkins, a state representative in Washington state, has a mother-in-law who is 92, and who has dementia. She recently needed nursing home care, and qualified for Medicaid. Norm Johnson, also a state representative in … [Read more...]

Are Filial Responsibility Laws Preempted by the Federal Nursing Home Reform Act?

In October 2010, Doris Pike was admitted to Corry Manor, a nursing home in Pennsylvania. At that time, her husband, Levere, signed an agreement with the facility, promising to use his wife's assets to pay for nursing home care … [Read more...]