The Long Term Care Guy Blog
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Huge LTC Blog Library containing valuable information on Long Term Care Costs, Home Care, Medicaid, Assisted Living, Alzheimer's and much more. Since 1988, Romeo Raabe has been assisting people with finding ways to finance their long term care.
The Long Term Care Guy Blog
2M ago
Rural and small market areas continue to experience growing “nursing home deserts,” an increasing crisis for local officials and beneficiaries facing access issues. The problem is two-fold. The closures stem from a mix of staffing shortages and lackluster Medicaid reimbursement—with the latter causing the first. Too many people think that Long-Term Care is free from ..read more
The Long Term Care Guy Blog
2M ago
Family care givers are struggling and feel undervalued, according to an article published on the website The Street. It reports on a study conducted in September 2023 by Wakefield Research and sponsored by Otuska, a pharmaceutical company. It outlines the toll that caretaking can take on family members. To read the article, click here . Have you ..read more
The Long Term Care Guy Blog
1y ago
Many of you have read about or have seen news stories of seniors being evicted from a long-term care facility. It is a tragedy that some people spend down their savings paying for care at the end of life. Medicaid (government welfare) can help these folks, but it pays the facility far less than the ..read more
The Long Term Care Guy Blog
1y ago
This article is posted with the permission of the author, Lydia Chan. After her mother was diagnosed with Alzheimer’s, Ms. Chan struggled to balance the responsibilities of caregiving and her own life. She founded AlzheimersCaregiver.net as an online resource for fellow caregivers and seniors. In her spare time, Lydia writes articles about a range of caregiving ..read more
The Long Term Care Guy Blog
1y ago
An article in the Wall Street Journal details how an AARP caregiving expert ends up broke and $120,000 in debt trying to care for her parents in need of long-term care. (“Caring for Older Relatives is So Expensive That Even AARP’s Expert Filed For Bankruptcy”, Wall Street Journal, 2-22-22). The article reads, “On average, caregivers ..read more
The Long Term Care Guy Blog
1y ago
This article is posted with the permission of the author, Lydia Chan. After her Mother was diagnosed with Alzheimer’s, Ms. Chan struggled to balance the responsibilities of caregiving and her own life. She founded AlzheimersCaregiver.net as an online resource for fellow caregivers and seniors. In her spare time, Lydia writes articles about a range of caregiving topics ..read more
The Long Term Care Guy Blog
1y ago
381 assisted living facilities closed from 2019 through this September! WHY? They accepted Medicaid (welfare) whose reimbursement is less than the cost to care for their residents. If you lose money on every customer, can you make it up with volume? Of course not, it just gets worse! If you need Medicaid to pay for ..read more
The Long Term Care Guy Blog
1y ago
The September, 2021 issue of the journal Health Affairs features a study that family-provided care (spouse or adult children) for dementia greatly diminishes the chances that the individual will need to enter a nursing home. However, full time caregiving will burn out the support team. Family simply cannot be expected to provide 24-7 care without ..read more
The Long Term Care Guy Blog
1y ago
The September, 2021 issue of the journal Health Affairs features a study that family-provided care (spouse or adult children) for dementia greatly diminishes the chances that the individual will need to enter a nursing home. However, full time caregiving will burn out the support team. Family simply cannot be expected to provide 24-7 care without ..read more
The Long Term Care Guy Blog
1y ago
If anyone has any questions or confusion on dealing with long term care, or the insurance which pays for it, I am here as a reference and to help. I am 71, have been helping folks for 30 years with this, and now this is my giving back. There is no cost to visit and ..read more