Category Archives: Government Programs

Unwanted Prescription Drugs? Dispose at a Take Back Day!

Do you or your elderly loves ones have expired or unwanted prescription drugs taking up valuable bathroom and kitchen cabinet space? This can become a safety issue if small children or pets get into them, or if someone else takes them for recreational use. Luckily Saturday, April 27, 2019 from 10am to 2pm is National Prescription Drug Take-Back Day. This is the DEA’s event which provides an opportunity for Americans to prevent drug addiction and overdose deaths. Continue reading

Washington State Considering Publicly Funded Long-Term Care Insurance

Washington may soon be the first state to have a long-term care insurance (LTCI) program that is publicly funded. A measure, called the Long-Term Care Trust Act, is waiting to be approved by the Senate and would be funded through a payroll tax. If this passes Washingtonians who were vested and needed help with three activities of daily living such as eating, dressing and toileting, would be eligible for $36,500 of benefits, $100 a day. The program would begin in 2022. Continue reading

Your Health Is Important Too: Valuable Respite Opportunities for Caregivers

Your Health Is Important Too_ (1)Caregiving can be a challenging role for anyone. It’s often filled with unexpected challenges, including physical and emotional turmoil leading to poor health.

When you become a primary caregiver to an aging loved one, their well-being becomes top priority. However, your health and vitality are just as important. Taking time for respite care will help you stay healthy and strengthen your abilities as a caregiver.

If you’re looking for respite care services and programs to give yourself a break, consider these options. Continue reading

1035 Exchange to Fund LTC – What Is It & How Does It Work?

Do you own an annuity or cash value life insurance policy? Are you concerned about protecting your assets from the risk of rising long-term care expenses? You may be in luck.

Section 1035, a little-known provision of the federal tax code, allows policyholders who meet certain requirements to trade in their existing contract or policy tax-free for long-term care insurance.

Learn more about the value of 1035 exchanges and how this provision may benefit you. Continue reading

Long-Term Care Options for Veterans: Veterans in Charge (VIC)

At LTC Consumer, we’re proud of our country’s veterans. We believe this group of men and women deserve the best care and services for the sacrifice they gave to our country.

While not everyone can afford Long-Term Care Insurance, great programs are available for American veterans to make sure they are cared for and given the services they need. Veteran In Charge (VIC) is one of those programs. (LTC Consumer is not affiliated with the Veteran in Charge program.) Continue reading