People who take on the role of a family caregiver consider it their duty to provide elderly care for a loved one. They never look at other elderly care options, including assisted living.
Each September, you receive a notice with information on your plan. The Annual Notice of Coverage compares your current plan’s coverage, costs, deductibles, and maximum out-of-pocket expenses with next year’s costs.
You might have been talking about various elder care options with your dad, and the best one is certainly an assisted living facility, but he is not interested. What can be done?
According to a report released by the FBI, seniors lost almost $1 billion in scams in 2021. These typically come in the form of some type of financial fraud or internet scheme.
People who don’t have any prior experience with assisted living don’t think about it for themselves or even an aging parent or loved one until they are struggling with daily life.
With continuous changes in the healthcare sector, having the right knowledge of how healthcare can impact your financial planning strategies is paramount.