by Mackenzie Gokey | Apr 12, 2019 | Long-Term Care
The need for long term care services is going to explode as baby boomers continue to age. The big question that this presents is how are these services going to get paid for? Medicare does not pay for them. At Cardinal, we believe there are 4 solutions to paying for...
by Mackenzie Gokey | Mar 14, 2019 | Long-Term Care
The need for long term care services is going to explode as baby boomers continue to age. The big question that this presents is how are these services going to get paid for? Medicare does not pay for them. At Cardinal, we believe there are 4 solutions to paying for...
by Hans E. Scheil | Mar 12, 2019 | Choosing Advisors, Long-Term Care
Guest post by Kyle Murray of Aware Senior Care.Growing old at home can be daunting as daily tasks like washing the dishes or grocery shopping become more difficult, but most people acknowledge they’d prefer to age in place. Many people will consider hiring a caregiver...
by Hans E. Scheil | Sep 5, 2018 | Long-Term Care
Getting long-term care insurance can be time consuming, stressful, and expensive; it is important to get the most out of the policy you end up choosing. If you go with a Traditional Long-Term Care insurance policy, one perk you have access to is the partnership...
by Hans E. Scheil | Sep 5, 2018 | Long-Term Care
Absolutely yes, you can get coverage for long-term care if you have pre-existing conditions. It is a misconception that you can’t get coverage if you are not 100% healthy. While not having any conditions might get you a better rate, it is not impossible to get...
by Hans E. Scheil | Sep 5, 2018 | Long-Term Care
The short answer to this questions is yes, Medicaid will pay for long-term care services. Medicaid covered at least 6 in 10 people in nursing homes in 2014. While they will pay for it, it is not the best option for everyone, and everyone will not qualify, due to...
by Hans E. Scheil | Jul 3, 2018 | Long-Term Care, Medicare
“Medicare does not pay for long-term care, so you may want to consider options for private insurance.” This is stated on every person’s Social Security Earnings Report (as seen in the photo), yet many people still have not planned how they will cover this cost....
by Hans E. Scheil | Jul 3, 2018 | Long-Term Care
Seventy percent of Americans that are 65 or older are expected to need long-term care services at some point in their life, according to the U.S. Department of Health and Human Services. Unfortunately, when people need care, they are not prepared, especially for the...
by Hans E. Scheil | Jul 3, 2018 | Long-Term Care
Long-term care has evolved a lot over the course of the last few decades in the United States, but it is still a mystery to many. On a basic level, long-term care is a variety of services that help people live as safely and independently as they can when they are...
by Hans E. Scheil | May 17, 2018 | In The News, Long-Term Care
Credit: Next Avenue When H. Frances Reaves, of Miami, had to place her parents in long-term care facilities in 2014 and 2015, she thought it would be a relative easy, at least financially. After all, her parents had bought long-term care insurance decades earlier. But...
