San Diego Long Term Care Insurance Blog

Last Posted: 20-Jun-2018 | Total Posts: 16

The Ins and Outs of Long Term Care Insurance

Kevin Leinum - Wednesday, June 20, 2018

The Ins and Outs of Long Term Care Insurance More

Prepare for the Rising Cost of Long-Term Care San Diego CA

Kevin Leinum - Wednesday, February 06, 2013

Prepare for the Rising Cost of Long-Term Care:  The price tag of a nursing-home room will continue to grow at a fast pace, but there are ways to offset the cost.   More

Long-Term Care Insurance in El Cajon CA: Learn About Long-Term Care Options

Kevin Leinum - Wednesday, February 06, 2013

 For many years, when the term “long-term care” was mentioned,  it referred to placing your loved one in a nursing home.  Not anymore.  “Long-term care” refers to  a lifestyle of sorts for those needing more assistance. It may  mean living indefinitely in a nursing home or an assisted-living facility, or it may mean “aging in place” in your own home or the home of a loved one. More

Long Term Care San Diego CA: Cost of adult children caring for Aging Parents is Staggering

Kevin Leinum - Wednesday, February 06, 2013

Cost of Adult Children Caring for Aging Parents is Staggering-According to a recent study by MetLife, nearly 10 million adult children over the age of 50 years are caring for aging parents. Also according to the study, these adult children caregivers are losing almost $3 trillion in lost wages, pension and Social Security benefits in the aggregate due to their caregiving efforts. More

Long Term Care in La Mesa CA: Long Term Planning Pays Off

Kevin Leinum - Wednesday, February 06, 2013

Long Term Care: Early Planning Pays Off  It’s best to talk about long term care early — before the need for medical or personal care is imminent. Here’s help understanding, choosing and financing long term care.  Long term care is a general term used to describe various home and community-based services for people who need help taking care of themselves. If you’re considering long term care options for yourself, a parent or another loved one, start the research and discussions early. If you wait, an injury or illness might force your hand — leading to a hasty decision that everyone may later regret. Instead, get familiar with long term care options now. More

Long Term Care Insurance in San Diego CA: Time To Get Real

Kevin Leinum - Wednesday, February 06, 2013

Time To Get Real; There’s too much ignorance about health care costs in retirement.  Our sluggish economic recovery is taking its toll well beyond lengthening unemployment lines and ballooning bloat in the federal budget deficit. Annual reports by trustees of both Social Security and Medicare bring the bleak news that tumbling receipts from payroll taxes and bulging enrollments in the nation’s two basic entitlement programs spell trouble for both much sooner than expected. More

Long Term Care Insurance Association Reports that Home Health Care Costs Remain Level: Long Term Care Insurance San Diego CA:

Kevin Leinum - Wednesday, February 06, 2013

The average national hourly rate for a home health care aide was $21 according to the latest study by the American Association for Long Term Care Insurance. The national average hourly rate for homemaker or companion services was $19.  “Rates for home health care have remained relatively stable over the past few years,” explains Jesse Slome, executive director of the organization that represents several thousand long term care insurance professionals. “However, costs can vary significantly from one market to another and even among service providers within a particular locale.” More

Long Term Care Insurance El Cajon CA, A Cheaper Alternative for Respite or Adult Day Care

Kevin Leinum - Wednesday, February 06, 2013

 Since the downturn of the economy, costs for health care have been on the rise. According to a 2011 market survey of long-term care costs, the national average daily rate for a private room in a nursing home rose 4.4% last year from $229 in 2010 to $239 in 2011. Similarly, the national average monthly base rate in an assisted living community rose 5.6% from $3,293 in 2010 to $3,477 in 2011.  These rising costs are frightening to many young caregivers who are trying to find the best way to care for their loved one. If your loved one is suffering from dementia or other chronic diseases such as chronic hypertension, physical disability, cardiovascular disease, diabetes, mental illness and developmental disability, you may want to look into an adult day care program. More

Long Term Care Insurance Chula Vista, CA: Is Insurance the Answer to Long Term Care Planning?

Kevin Leinum - Tuesday, January 22, 2013

 A recent USA Today article states that there is an increase in seniors living over the age of 90.  According to author Haya El Nasser “The number of people living to age 90 and beyond has tripled in the past three decades to almost 2 million and is likely to quadruple by 2050”. Seniors who live longer generally have some sort of disability or need help at some level of living. Sandy Markwood, CEO of the National Association of Area Agencies on Aging, indicates that the focus needs to be on being able to help these seniors live at home as long as possible as nursing home cost could rise to average $72,000 a year.  More

Long Term Care Insurance San Diego CA: Working with Elderly Parents in Planning Financially for their Long Term Care

Kevin Leinum - Tuesday, January 22, 2013

You may be taking care of elderly parents now or looking at that possibility in the near future. According to a report from USATODAY/ABCNews/Gallup Poll, 41% of baby boomers are helping take care of elderly parents by providing personal help or financial assistance or both.  If financial planning and long term care planning have not been done previous to the need for care, the burden falls on the caregiving family member. Decisions about how care will be paid for, who will be responsible for managing the estate as well as how the long term care will be given can cause stress and contention among family members.  More