A relatively new concept, Continuing Care Retirement Communities (CCRCs) “Without Walls” is making inroads into the retirement plans of many as an alternative to institutionalized care options of the past, the New York Times writes this week. It is an option for the growing portion of people who may need assistance in their daily lives but aren’t […]
Category: Long Term Care
The nearly 1 million aging Americans who reside in assisted living facilities saw an overall 5% increase in average monthly costs last year, according to the 2012 American Association for Long-Term Care Insurance (AALTCI) Sourcebook. As an average monthly cost of $3,350 was reported, AALTCI reports that claims for nursing home care account for less than […]
Women receiving home care accounted for 32% of new long-term insurance claims in 2011 and continue to be the majority beneficiaries of all long-term care insurance plans, according to the American Association for Long-Term Care Insurance (AALTCI). In addition to using long-term care more frequently than men, according to AARP’s Public Policy Institute (PPI), women […]
Iowa’s home care industry will reap the benefits of a $62 million grant funded by the Centers for Medicare and Medicaid Services (CMS) in an effort to help long term Medicaid beneficiaries over the next three years by expanding availability of home care, according to the Iowa Department of Human Services. The grant was awarded […]
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