Category: Elder Care
UCLA has conducted a study on Medicare and found that prices are often inflated and payments are a problem. Medicare pays a set amount for each procedure despite the amount of the bill from health care providers. But a study conducted by UCLA and reported by Medical News Today in “UCLA study finds inflated charges, […]
AARP study reveals cost of medications most commonly used by seniors rising faster than inflation. While Presidential candidates don’t agree on most every subject, they are generally in agreement on one: the cost of prescription drugs is too high. Several candidates have suggested that allowing the government to negotiate prescription prices with drug companies would […]
A report with recommendations has been issued by a group of experts on the long-term care policies in the U.S. A report on the financing of long-term nursing home care has come at a time when the aging population in the U.S. needs even longer stays in nursing homes and the question continues on how […]
The smell of urine could lead to an early diagnosis of Alzheimer’s Disease. Currently there is no way to make a determination until the symptoms are discovered. If a diagnosis of Alzheimer’s Disease could be made before someone begins to show symptoms of the disease then decisions could be made by the patient before they […]
Children should always be required to provide for the care of elder parents or so it seems. That may not turn out to be fair in some instances. Every state requires a legal obligation of parents that they care for their offspring but some states take it to the next level and require the children […]
One of the most commonly-asked question to estate planning attorneys is “How much money do I need to retire?” The two questions underlying that question: how long will I live, and do I have enough money? If your health is good and your health habits are good, you may live longer than your parents, although […]
Helping a loved one when they are not able to care for themselves, whether because they are ill or frail due to advancing age, is a challenging task. Oftentimes an adult child is tasked with communicating with doctors, managing a parent’s healthcare and their finances as well. It is a difficult task, but there are […]
Nursing home expenses continue to rise with the nationwide average increasing to $91,250 per year for private and just over $80,000 for semi private rooms. How much should you be saving for future nursing home care? Unfortunately, the cost is going up and people are grappling with how to pay for it. As reported recently […]
“So don’t give away your money. There are other things you can do ahead of time. Talk to an elder law attorney to make sure you are maximizing your dollars, that you can still give your kids some kind of inheritance and still go into a skilled nursing home on Medicaid.” A recent article in […]
Waiting to create an estate plan could result in significant out-of-pocket costs at the end of life. Or even worse, it could result in a person with Alzheimer’s disease being subject to the will of the courts. With the number of individuals suffering from Alzheimer’s skyrocketing, there is no time to wait to get your […]
