Tag Archive: caregiving

Feb 01

The Partnership for Long-Term Care

The idea of the Long-Term Care Partnership is to provide a way for the Medicaid program to work together with private long-term care insurance to help those people who are caught in the middle: they can’t afford to pay the cost of the care or even the cost of a long-term care insurance policy with unlimited benefits, yet their assets are too high to qualify for Medicaid to pay their long-term care expenses. Many middle-income workers and retirees find themselves in this position.

Participating insurance companies in the Partnership recognize the needs of these middle-income Americans by providing LTC insurance policies that have built-in consumer protection benefit standards, and participating states cooperate by allowing these policyholders to access Medicaid without spending down their assets almost to poverty level if the insurance benefits run out.

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Jan 01

What your state lets you keep, effective 1/1/2020

This is a table that shows the minimum assets and income each state allows nursing-home residents and their spouses to keep.

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Feb 20

It’s Time to Stop Bashing Long-Term Care Insurance

Let’s stop with the LTC insurance bashing and focus on the families it has SAVED.

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Aug 27

Outside-of-the-Box Thinking About Long-Term Care Planning–One Size Does Not Fit All

As a shoe aficionado, I have observed that long-term care planning is quickly starting to resemble my closet of 100 pairs of shoes. 

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Jun 20

Phyllis Shelton LTCi Update

Phyllis Shelton discusses the latest on planning for long-term care with Tim Takacs and Barbara McGinnis on the Takacs-McGinnis Elder Law Hour

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Mar 11

Denial is Not a River in Egypt

People have a 50 percent chance of needing LTC at some point in life, and about 30 percent of people who do may need care for five years or more, according to a new study by LifePlans, Inc. Being in denial about this could be the worst thing you ever do to the people who love you.

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Oct 24

What Does Long-Term Care Cost?

Planning for long-term care is best done with information gathering to make an informed decision. The “deer in headlights” approach doesn’t work.

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Jan 10

Calling All Single Women Without Long-Term Care Insurance (and their single friends)

If you are a woman who wants to keep your independence as you age, this article is for you.

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Oct 02

Why Would Anyone Buy a Long-Term Care Insurance Policy Without Home Care Benefits?

Why in the world would anyone want to buy long-term care insurance without home care? There are other really good reasons besides the significant premium savings.

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Aug 08

Phyllis Shelton on Live Radio Show 3-4 pm CST Sunday, Aug. 9

Phyllis Shelton is honored to appear on Peter Rosenberger’s live radio show on Sunday, August 9th from 3-4 p.m. CST to discuss how long-term care insurance can be a lifeline for caregivers.

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