Community Aging Resources

Community Aging Services and Long Term Care There are many private, religious and government organizations across the country that provide supportive services for older people. Many of these services center around helping people stay in their homes and avoid having to go to live in an institution or perhaps move in with family. Because of…

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Skilled Nursing Facility Coverage

Medicare Part A covers up to 100 days of “skilled nursing” care per spell of illness. However, the conditions for obtaining Medicare coverage of a nursing home stay are quite stringent. Here are the main requirements: The Medicare recipient must enter the nursing home no more than 30 days after a hospital stay that itself…

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Planning for Your Elder Years

If we were to ask an older person what his or her most important concerns for aging are, we would probably get a variety of different answers. According to surveys frequently conducted among the elderly, the most likely answers we would receive would include the following three principal concerns or life wishes: Remaining independent in…

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Funeral and Burial Plans

Advantages and Disadvantages of Prepaid Plans One way to plan in advance for the end of one’s life is to sign a formal contract called a “preneed funeral plan.” With this plan, money to pay for a funeral and/or burial is held in a trust, in an escrow account or paid through an insurance policy…

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Reverse Mortgage Maintenance

How often can banks inspect your property to check the condition and could this be a problem for seniors? Especially considering the maintenance of the grounds? Generally this is not a problem.  The contract does state that you have to maintain your house. They will usually send somebody on an annual or bi-annual basis to…

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Medigap or Advantage Plan

Is there much of a difference between AARP Medigap and the new Advantage Plan? Medigap through AARP is backing a traditional Medicare Part A and Part B. Both A and B have deductibles and co-payments, and what Medigap does is picks up the co-payments for you.   The Advantage Plan may have different requirements or…

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