Elderlifefinancial.com

How To Apply for Medicare

WEBHow to apply for original Medicare. If you’re 65 or older, you can enroll in Parts A and B or Part A only. You can delay Part B enrollment if you’re already covered …

Actived: 1 days ago

URL: https://www.elderlifefinancial.com/resources/how-to-apply-for-medicare/

Medicare Changes for 2024 That You Need To Know

WEBMedicare and payment for home health services. There is a proposed cut in payments for home health services. This could mean: •Reduction in therapy staff, …

Category: Health Go Health

Assessing Your Financial Health While Planning for Retirement

WEBFinancial health assessment isn’t a one-time task. Regularly reviewing and updating your financial plan ensures you remain on track. Changes in the economic …

Category: Health Go Health

Does Medicare Cover Home Health Care

WEBMedicare will cover home health care services when the following criteria are met : •Your doctor says that you need medical care at home. •You demonstrate the …

Category: Medical Go Health

In-Home Care Options: Personal Care vs. Homemaker Services

WEBIn-home care is assistance brought into the home that supports older adults who want to age in place. There are two types of home care agencies: medical ( home …

Category: Medical Go Health

6 Reasons To Have Long-Term Care Insurance

WEBOne of the primary advantages of long-term care insurance is the financial security it provides the covered individual and their family. The costs of long-term care …

Category: Health Go Health

How To Pay for Nursing Home Care

WEBA licensed health care provider determines the person receiving care is chronically ill. Total expenses exceed 7.5% of the person’s adjusted gross income. It is helpful to know that an adult child may be …

Category: Health Go Health

Veterans Home Care Programs

WEBVA recognizes family caregivers’ roles in the health and well-being of Veterans’ lives when they live at home rather than in a nursing home, assisted living, or …

Category: Health Go Health

Retirement Strategies to Pay for Senior Care and Living Expenses

WEBAcquiring long-term care insurance (LTCi), ideally before the age of 65, safeguards against unexpected long-term care costs. By diversifying financial portfolios …

Category: Health Go Health

Caregiver Expenses Can Be Tax Deductible

WEBCaregivers of seniors can deduct several itemized expenses related to caregiving. Eligible deductible expenses include: •Assisted living and nursing home …

Category: Health Go Health

The Cost of Senior Care in Ohio

WEBThe average hourly cost of a home health aide is $27.95 per hour, and the homemaker service averages $31.94 an hour. Lima has the lowest average cost in the …

Category: Health Go Health

What Are Personal Care Services

WEBSince Medicare is health insurance and personal care is not considered medical in nature, Medicare typically does not cover it if that is the only care the senior …

Category: Medical Go Health

Are Long-Term Care Insurance Premiums Tax Deductible

WEBHealth savings accounts. An additional layer of complexity and opportunity affects those with health savings accounts (HSAs). HSAs allow individuals to pay with …

Category: Health Go Health

Long-Term Care Annuities vs. Long-Term Care Insurance

WEBLong-term care insurance is a form of health insurance that helps people cover the cost of personal care that regular medical insurance does not cover. Long …

Category: Medical Go Health

The Cost of Senior Care in North Carolina

WEBThe average hourly cost of a home health aide is $27.95 per hour, and the homemaker service averages $27.95 an hour. Goldsboro has the lowest average cost in …

Category: Health Go Health

Veterans' Spouses Can Get Aid and Attendance and Cover Long …

WEBThe Department of Veterans Affairs (VA) offers the Aid and Attendance benefit to qualifying Veterans to help pay for care. Fortunately, this benefit is not just for …

Category: Health Go Health

Financial Considerations When Your Spouse Goes to a Nursing …

WEBThe asset limits are higher for spouses than for single individuals if one spouse is applying for Medicaid and the other is not. In this instance, in most states, the …

Category: Health Go Health

Help at Home for Veterans: The Homemaker and Health Aide …

WEBThe homemaker and home health aide care program helps Veterans who need help performing daily life tasks. VA works with approved home care agencies and …

Category: Health Go Health

The Cost of Senior Care in Idaho

WEBThe average hourly cost of a home health aide is $33.94 per hour, and the homemaker service averages $31.94 an hour. Again, Boise City has the lowest average …

Category: Health Go Health