Understanding the Impact of Long-Term Care Insurance in CCRCs- Part II
Today I will focus on exploring how long-term care insurance could have an impact on residents of CCRCs offering a contract other than a Type A contract. Generally speaking any other type of contract offered by a CCRC will involve some level of increase in the resident’s monthly fee when care is received.
Understanding the Impact of Long-Term Care Insurance in CCRCs- Part I
As I talk with families and financial advisors about continuing care retirement communities, or CCRCs, we often get asked about how long-term care insurance fits into the picture and whether such coverage is needed by those who move into a CCRC.
Recent Study Points to Consumer Misconceptions About Healthcare in Retirement
At LifeSite Logics we are passionate about seeing families, and their valued advisors, plan proactively for healthcare and long-term care expenses they may encounter over the course of their retirement years- particularly in the later phases of retirement. A recent study points to at least one key reason why more people don’t take a proactive approach to planning for such expenses.
What is a Medicare-Certified Senior Care Center?
A source of confusion for seniors or families researching a senior care center is understanding the difference between a “Medicare-certified” facility and a “private-pay” facility.
Understanding “Medicare-Certified” in the Context of a Retirement Community- Part II
To better understand the true financial impact of receiving care in a private-pay health care facility versus a Medicare-certified facility it is important to first understand what a Medicare actually covers.
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info@lifesitelogics.com
877-699-2272
Understanding “Medicare-Certified” in the Context of a Retirement Community- Part I
Prospective residents of a continuing care retirement community(CCRC) are sometimes scared away when they learn that the facility is not Medicare-certified but the financial impact may be less than initially feared.
www.lifesitelogics.com
info@lifesitelogics.com
877-699-2272