By pdwplan on January 12, 2009
The news recently buzzed about the Five Star Quality Ratings published for skilled nursing facilities. I was excited myself until I looked further into how the ratings were actually calculated. The ratings are based on three categories of data: health inspections, staffing and quality measures. To read the explanation regarding determination of quality ratings visit [...]
Posted in Develop Your Skill
By pdwplan on November 16, 2008
In recent months I have met with an increasing number of families trying to figure out how to access long term care for their parents. The challenge for most is that they never for a moment considered that they would have to pay for care; they simply assumed the government would take care of it. [...]
Posted in Develop Your Skill
By pdwplan on June 17, 2008
In your twenties, thirties or forties and healthy? Now is the time to consider long term care insurance while you can qualify for preferred rates, which is a code word for substantial discounts, due to both your age and your perfect health. Long term care insurance is just not for the old. How many persons [...]
Posted in Develop Your Skill
By pdwplan on May 25, 2008
Most people see long term care insurance as nursing home insurance when if fact it is the opposite. Long term care insurance provides options to avoid nursing home placement, unless a nursing home is where an individual prefers to live. And please do not misunderstand, nursing homes have changed significantly over time and many are [...]
Posted in Develop Your Skill
By pdwplan on May 25, 2008
No woman would ever deny care to children, family members or parents. That is because most of us are natural born caregivers. But who cares for us when we are older and need care? We grow up and have children. Depending on the timing of the blessed event, we have either completed our education and [...]
Posted in Develop Your Skill
By pdwplan on April 4, 2008
Unless you have spent considerable time with your parents and are aware of how they manage their finances and resources, it is likely you will end up contributing financially to their retirement and healthcare needs. This will significantly affect your retirement planning not to mention your time, family relationships and your career. While children are [...]
Posted in Develop Your Skill
By pdwplan on April 4, 2008
Forty percent of Americans believe that Medicare pays for all healthcare needs after age 65. The majority of older adults are unprepared and shocked to learn they have to pay out of pocket for expenses they believed to be reimbursed by Medicare insurance. Getting older and having healthcare issues can be financially and personally disastrous [...]
Posted in Develop Your Skill
By pdwplan on April 4, 2008
Many parents come from the old school believing that their children will provide care for them when they age. Some children offer unwavering support while others simply have their own responsibilities with family and career. As a result, some parents expecting support from children are left without assistance. If your parents have slyly mentioned that [...]
Posted in Develop Your Skill
