The premium she has paid over 11 years would only pay for a couple of months of daily home care or nursing home care at current costs or four months in an assisted living facility.
Tag: home health care
May 23
Parkinson’s Disease
His mother lived to age 91 with Parkinson’s Disease, and the costs would have been overwhelming without long term care insurance.
May 22
Assisted Living
Long term care insurance has allowed her 84-year-old mother to have peace-of-mind after moving into an assisted living facility.
May 15
Ask Your Employer to Offer Long-Term Care Insurance
Ask your employer to offer long-term care insurance that is qualified for the Long-Term Care Partnership to employees 18+ to help your family AND your state budget.
Dec 14
State Budget Shortfalls and State-Specific Budget Cuts
Public-Private Long-Term Care Insurance Plans will have a tremendously positive impact on state budgets if we educate employers to offer it now to all employees to decrease cuts in other services like you see here.
Dec 09
States Continue to Feel Recession’s Impact
By Elizabeth McNichol, Phil Oliff, and Nicholas Johnson
The worst recession since the 1930s has caused the steepest decline in state tax receipts on record. State tax collections, adjusted for inflation, are now 12 percent below pre-recession levels, while the need for state-funded services has not declined. As a result, even after making very deep spending cuts over the last two years, states continue to face large budget gaps.
Nov 05
An Update on State Budget Cuts
By Nicholas Johnson, Phil Oliff, and Erica Williams
With tax revenue still declining as a result of the recession and budget reserves largely drained, the vast majority of states have made spending cuts that hurt families and reduce necessary services. These cuts, in turn, have deepened states’ economic problems because families and businesses have less to spend.
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