Good news!! Last week Governor Brown signed Senate Bill 575, which brings in new consumer protections around long-term care insurance. The new law protects consumers, specifically the elderly and their caregivers by requiring long-term care insurers to provide annual notification of the availability of nonforfeiture benefits and contingent benefits to the insured and the … [Read more...] about Governor Signs Bill that Brings in New Long-Term Care Consumer Protections
When Should I Take My Social Security? Waiting Pays Off
While you can start receiving your Social Security benefits any time between the ages of 62 to 70, if you can wait, you can potentially receive a significantly larger monthly check for the rest of your life. Those who need the benefits right away at age 62 should not hesitate to use them. That's why they are there. But, if you can wait, even an additional year or two, your … [Read more...] about When Should I Take My Social Security? Waiting Pays Off
Can a Nursing Home Evict You for Being “Difficult”? Know Your Rights
Can a nursing home evict you for being “too difficult”, limit the hours your family and friends can come visit, or deny you needed physical therapy services because you’re not improving? The answer to all of these questions is a big NO. Yet many people are uninformed of their rights when in a nursing home, which creates the right environment for some nursing homes to get away … [Read more...] about Can a Nursing Home Evict You for Being “Difficult”? Know Your Rights
Long-Term Care and the Graying of America
Many people today are familiar with the term “long-term care” because they or someone they know is caring for an elderly relative. Others have read about it or seen ads for insurance that pays for this kind of care. As people live into their 80s and 90s, the need for long-term care services has been increasing. Today, living to be 100 is no longer unusual. Many baby boomers … [Read more...] about Long-Term Care and the Graying of America
Retirement “Nest Eggs” May Increasingly Go Towards Rising Health Care Costs
Many people save up for retirement with visions of traveling, pursuing their dreams and experiencing the items on their "bucket list". Yet, our country's elders may need to make a different plan as increasingly more of their retirement nest egg is funneled into rising health care costs. According to a recent study by HealthView Services “2015 Retirement Health Care Costs Data … [Read more...] about Retirement “Nest Eggs” May Increasingly Go Towards Rising Health Care Costs
