We joined with Mark Badami, CFP, CLTC, Center for Wealth Preservation, to talk about the ins and outs of long-term care insurance. Do you need it? If you have it, how can you be sure you get all the benefits to which you are entitled?...
There are significant changes to New York State Medicaid in store. Among the most dramatic is the addition of a financial look-back period which could increase the amount of money that families must pay out-of-pocket for home care before Medicaid kicks in. If you...
What are the options when you or a loved one can no longer remain safely in your home as you age? What types of living arrangements are appropriate for those who no longer wish to shoulder the responsibility of maintaining their own homes? What about individuals with...
Unless you have somehow managed to avoid the news, you probably feel bombarded with information about Coronavirus Disease 2019 (COVID-19). Because it is a rapidly evolving situation, it’s hard to keep up with the day-to-day (and sometimes hourly) changes. It’s...
According to a National Center for Assisted Living 2018 report, the median cost of living in an assisted living facility in the United States is $4000 a month. At almost $500,000 over ten years, it’s easy to see how many Americans are outliving their money. What...
In the past, patients receiving skilled care such as physical therapy in nursing facilities, outpatient centers, home health, or rehabilitation hospitals were treated to a point where they hit a plateau. At this point, if a provider deemed the patient no longer had...
