Paying for Senior Care

It is important for seniors and their caregivers to stay on top of changes in health and medical coverage. A bit of foresight can go a long way for a busy caregiver on a budget.

Seniors are more susceptible to certain oral health problems, like dry mouth, gum disease, and tooth loss, but they are also less likely than ever to have employer-sponsored dental insurance. That means it’s up to you to explore options for covering both routine exams and more specialized dental procedures.

Every health care situation is unique, and this can make enrolling in Medicare even more complicated. Chances are help is available, but when in doubt, ask for assistance.

When an at-home spouse dies before a nursing home spouse, how does that affect Medicaid? Learn how to maintain Medicaid eligibility after the death of a spouse.

What happens if you or your family member must move from one state to another and then apply for Medicaid? How does moving to a new state affect Medicaid eligibility?

If you could design a new Medicare plan from the ground up, what would you include? Discover how everyday Americans would alter one of the largest federal aid programs in the country.

Why do so many people still underestimate the value of family caregivers?

A nationwide report reveals where consumers should go to buy the cheapest prescription drugs and strategies for decreasing medication costs.

Long-term care insurance rates for women could soon rise by as much as 60 percent. Find out why and how to avoid price hikes.

A caregiver shares his journey in finding the right skilled nursing facility for his mother, including steps to take before and after placement as well as the hard lessons he learned throughout the process.

Medicaid will pay for certain services for eligible seniors who reside in an assisted living community. However, the cost of room and board isn’t covered.

One of the more important decisions faced by seniors during Medicare Open Enrollment is whether or not to switch their Medicare Part D plan. There are resources that caregivers and seniors can use to help decide which plan best fits their prescription drug needs.

Research shows that a large majority of Medicare beneficiaries could have saved hundreds of dollars last year by reviewing just one element of their coverage: their prescription drug plan.

Most seniors can’t cover the monthly costs of assisted living on their own. How do families decide whether adult children should financially contribute to their parents' care, and, if they do, who pays how much?

Generally, the younger you are at the time you purchase, the less expensive the premium and the greater the likelihood you will be health-qualified and accepted for coverage.

Caregivers want objective advice and guidance. Long-term care is a major life decision, so understandably, caregivers have a long list of concerns: navigating the complex long-term care landscape, paying for care and choosing the right care top the list.

The "4 percent rule," has taught retirees that if they spend no more than 4 percent of their nest egg each year, their savings will last 30 years. But, the rule may need some adjustment, in light of today's economic reality.

Long-term care insurance can be a sound investment, potentially saving you and your loved ones thousands of dollars in future care. Shared long-term care insurance plans may offer a cheaper alternative.

An Accountable Care Organization is a collection of health care providers who come together and agree to be responsible for the care, quality, and cost of healthcare services for a set group of people.

Lack of knowledge about Medicare's offerings can lead to serious problems for seniors. Seniors who don't know the parameters of their plan are probably not taking full advantage of the benefits Medicare offers.