Long Term Care
KGO News, November 18th, 2009
Can you afford NOT to have long term care? The long term care crisis and its impact on your family's future financial security.
Long term care crisis: The cost of long term
care can severely impact your family's future
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The New York Times, October 24th, 2009Arthur Ullian is president of the National Council on Spinal Cord
Injury and co-author of two studies in the Proceedings of the National
Academy of Sciences on the economics of health care. In a forthcoming
analysis,
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Minneapolis Star-Tribune, August 17th, 2009Three years ago, Tracy Beckman moved out of the house -- five years
after his wife, Janel, was diagnosed with what probably is Alzheimer's
disease.
"I just didn't know how to deal with it," said Beckman, 64,
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Birmingham Post, August 6th, 2009Anyone faced with funding long-term health care should look beyond equity release schemes or selling their homes.
That
is the message from a West Midland firm of independent financial
advisers keen to show that forward
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Dallas Star-Telegram, July 10th, 2009Nancy Morrow was angry that her parents paid tens of thousands of
dollars in long-term-care insurance premiums, but when her parents
needed care, CNA Insurance Companies refused to pay.The family hired a senior advocate
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The New York Times, June 16th, 2009As many as 7 million Americans have long-term care insurance
policies, and many states confronting burgeoning deficits are urging
consumers to buy this type of insurance as a way to protect Medicaid
budgets. But at
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Bloomberg, June 3rd, 2009Long-term care insurance may not be a
“cure-all” for the estimated 12 million Americans who will
require such care by 2020, according to Senator Herb Kohl,
chairman of the Senate Special Committee on Aging.
Providers
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The National Center for Policy Analysis, May 27th, 2009Many people assume Medicare will cover most of their health care
costs when they retire, and that Medicaid, the health care program for
the poor, will cover them if they need nursing home care.
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ElderLawAnswers - April 1, 2009
A new report by the Center for Retirement Research at Boston College finds that nearly two-thirds of U.S. households are at risk of being unable to maintain their standard of living in retirement when possible long-term
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US News & World Report - March 16, 2009
It’s difficult to predict what your health care expenses will be in retirement. Jack Dickinson, 65, thought he was one of the lucky ones. His 34 years as a General Motors sales and marketing manager came with
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USA Today - March 2, 2009
A major corporate operator of assisted-living facilities and its founder were accused of a massive securities fraud Monday in what the Securities and Exchange Commission charged was a scheme that raised $300 million from investors
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Bloomberg - December 4, 2008
Arthur Laupus joined AARP because he thought the nonprofit senior-citizen-advocacy group would make his retirement years easier. He signed up for an auto insurance policy endorsed by AARP, believing the advertising that said
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Christian Science Monitor - December 22, 2008
As families gather to celebrate Christmas this week, money could be an unpleasant subject, given pronounced declines in real estate and stock markets. But now more than ever, families should use this as an
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The New York Times, June 24 2008Fact: Every hour of every day, 330 Americans turn 60.
Fact: By 2030, one in five Americans will be older than 65.
Fact: The number of people over 100 doubles every decade.
Fact: As they age, people lose muscle mass
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The Boston Globe, June 26, 2008A 65-year-old couple needs $85,000 on average to cover
insurance costs for long-term care such as nursing home stays in
retirement, according to a study to be released Thursday by Fidelity
Investments.
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