Category Archives: Reasons to Buy Long Term Care Insurance

Prepare your Retirement for a Pandemic

Prior to COVID-19 when we heard “independent living”, “assisted living”, and “nursing home” we thought of seniors happily living out their retirements with communal dining and game nights. Now we hear of those places and we think of isolation, fear, and sickness. Due to staffing shortages, lack of protective gear and close living quarters with constant contact, the very places meant to keep our seniors safe are quite possibly the worst places to be. Continue reading

Long Term Care Planning, the Best Way to Show your Love

This Valentine’s Day, after the sweet words and treats, consider an even better gift for your loved ones – a long term care insurance (LTCI) policy. I know, I know, not as picturesque as a dozen red roses, or as glamorous as jewelry. However, if you love your family, your savings, your peace of mind, and your retirement, it may be the best thing you ever purchase. Are you ready to show your love? Continue reading

Times Square Takeover Hopes to Cure ALS, Alzheimer’s, and More

NFL players wearing pink shoes, actors wearing red ribbons, talk show hosts pouring buckets of ice water over their heads. Seemingly silly things to solve very serious issues. The best way to encourage research funding for today’s diseases is to get them noticed. Next week I AM ALS and other advocates are gathering in New York’s Times Square and taking over nearly a dozen screens to show the world that curing one disease, amyotrophic lateral sclerosis (ALS), could also help cure other progressive neurodegenerative diseases such as Alzheimer’s, Parkinson’s, Multiple Sclerosis, and many more. They say together we can change the world. Continue reading

When Forgetfulness Becomes a Concern

If you’re like me, anytime there’s anything wrong with you, you look it up. Why does my fingernail have a strange white mark? Do I have a vitamin deficiency? The ever-ready world wide web is a blessing and a curse. As many people get older and find themselves becoming a little more forgetful, they often wonder about scarier things. If I lost my keys, is that a sign of Dementia? I thought today was Friday, is that a sign of Alzheimer’s? My grandmother would call these “senior moments” and would usually just laugh them off. The not knowing can be scary, and there are a few ways to tell the difference between simply getting older, and perhaps having a medical condition of concern. Continue reading

Why Sandwich Generation and Silver Tsunami are Terms you Should Understand

There are many terms tossed around in the long term care world. Activities of daily living, benefit triggers, and cognitive impairment. Contingent nonforfeiture, indemnity, and spending down. But there are two terms that are very important to know and to understand as we get older, plan for our retirements and consider purchasing long term care: Sandwich Generation and Silver Tsunami. Continue reading

Every Family Experiences a Long Term Care Story, Will Yours Be Prepared?

Almost every person you know has a family story about long term care (LTC). Grandpa had a stroke and Grandma took care of him. Grandma fell and moved in with an aunt. Auntie had complications from diabetes and had to move into assisted living. Uncle started forgetting things and moved into a memory care center. Any of those sound familiar? We plan ahead and purchase insurance for car accidents, house fires, and tooth fillings. So why don’t we spend more time planning for our LTC needs? Continue reading

5 Hardships You May Not Expect as a Caregiver

Many baby boomers are at the point in their lives where their children have moved out, and their parents are moving in. Maybe one parent died, maybe Mom never purchased a long-term care policy and is beginning to need help with day-to-day tasks, or maybe Dad is starting to be forgetful. Whatever your family’s current situation is as a caregiver, know that you are not alone. There are many hardships people usually expect when becoming a caretaker for a loved one, such as helping with dressing, doling out medications or adding grab bars to the shower. There are equally as many hardships people do not expect, and LTC Consumer has compiled five of those items here. Continue reading

6 ways to Reduce the Risk of Dementia

The thought of getting Dementia when we’re older is terrifying. Often people make themselves feel better with the age-old thought, “It’ll never happen to me.” The truth is that after the age of 60 about 5% of people have Dementia, and by the age of 85 the percentage jumps between 25-50%. The good news is that, despite hereditary genetic predisposition, there are many things we can do to help our odds out. Continue reading

Personal Story: How Long-Term Care Insurance Changes Caregiving

Nathan Sanow is the Executive Director of LTC Consumer. He, like many of us, has a personal story that involves a long-term care experience.

“According to the US Department of Health and Human Services, 52% of Americans will require professional long-term care services in their lifetime.” Having worked in the insurance industry for nearly 20 years I know the stats and have heard the stories of people on both sides who did and did not have coverage. But nothing prepares you for when it happens to your family.

Continue reading