In some ways, making the decision to move to a continuing care retirement community (CCRC, also called a life plan community) is like taking out an insurance policy to protect you from the “what ifs” that the future may hold. What if I can no longer handle the upkeep of my home? What if I [...]
The phrase “long-term care” refers to a spectrum of care services that people may need — sometimes including skilled nursing/medical care, but often non-medical help with the basic self-care responsibilities of everyday life, also known as activities of daily living (ADLs). This type of long-term care, also called assisted living, may include things like bathing, [...]
I have shared with you before the value of intergenerational programs at continuing care retirement communities (CCRCs, or life plan communities). These initiatives bring together diverse age groups, allowing younger people to benefit from the wisdom of their seniors and giving the seniors an invigorating dose of youthful energy. myLifeSite’s own research shows that prospective [...]
In the past 100 years, the automobile and the independence it affords have literally changed the world. That’s why for many seniors, losing the ability to safely drive is so devastating. It can lead to depression and isolation, both of which are proven to be detrimental to seniors’ health. However, thanks to several innovative transportation [...]
As you may know, I travel across the country frequently, speaking to senior adults who are considering a move to a CCRC (continuing care retirement community, aka life plan community). In the course of my travels, I am fortunate to be able to meet a fascinating array of people, many of whom have insightful stories [...]
If you follow our blog, you know that I’ve written in the past about the different types of contracts offered by continuing care retirement communities (CCRCs, or life plan communities). But understanding contract types conceptually and actually knowing what you are looking at when you read over a particular CCRC’s pricing sheet are two very [...]
One of the most popular reasons people cite for staying in the home is maintaining independence. Yet, over time and without proper planning, there is actually a risk of becoming less independent living at home. In her 2015 article in The New York Times, “At Home, Many Seniors are Imprisoned by their Independence,” Paula Span says, [...]
At myLifeSite, our primary objective is to provide consumers with the tools and information they need in order to make an educated decision about their senior living options. But in order to do that effectively, we have to understand who our customers are—what factors are most important to them when considering senior living communities, such [...]
Springtime means graduation season. There is a recent and growing trend among college graduates that is garnering a lot of attention. According to the National Center for Education Statistics, by 2020, 43 percent of college students are expected to be age 25 and older. And among these older grads are more and more seniors, who [...]
In a previous post titled Long Term Care: What Does Medicare Actually Cover?, I described the possible out-of-pocket financial impact someone may face by receiving care in a private-pay skilled nursing facility (SNF) versus a Medicare-certified SNF. In a nutshell, Medicare Part A will cover medically necessary skilled nursing care—for a limited time and limited amount—if certain [...]
