Thursday, May 20, 2010

Types Long Term Care

Nursing Home Care - Nursing homes give residents skilled nursing care 24 hours a day, along with medication monitoring, rehabilitation and physical therapy, room and board and personal care and supervision.

Skilled In-Home Nursing Care - In-home and live-in nurses provide skilled nursing services like clinical assessment and monitoring, intravenous therapy, ventilator and tracheotomy management and cardiac care.

Adult Day Care - Based in the community, adult day care centers provide daytime supervision, giving family caregivers much needed assistance. Along with social activities, they may provide health services and therapy.

Hospice Care - Hospice care furnishes medical services and emotional support for those in the last stages of terminal illnesses. Hospice helps patients manage their symptoms so they can continue an alert, pain-free life and spend their final days with dignity, surrounded by loved ones. It also helps their family members with the practical details and emotional challenges of caring for a dying loved one. These programs offer services 24 hours a day, 7 days a week, in homes, hospice centers, nursing homes, long-term care facilities and hospitals.

Personal and Home Health Aides - These aides help the elderly, disabled or ill with personal care like bathing, dressing, eating and taking medication. By receiving these services at home, people can remain in the comfort of their own homes longer.

Homemaker Services - These aides help people complete those household tasks that they can't manage alone, like housecleaning, cooking and running errands, making it possible for their clients to continue to live independently in their own homes.

Assisted Living Facilities - Assisted living facilities (or residential care facilities) can provide personal care and health services for people who may need assistance with activities of daily living, but not the level of care provided by a nursing home. Assisted living is an intermediate level of long term care, not an alternative to a nursing home.

Thursday, May 13, 2010

2010 Cost of Long Term Care by Genworth

The cost of Long Term Care can be very expensive, below are the national average costs of care according to the Genworth 2010 Cost of Care Survey:
Nursing Home Care - The national average median daily rate cost of nursing home care in 2010 for a private room is $206 and for a semi-private room is $185.

Homemaker Services - A non-Medicare certified, licenced agency the national average median rate is $18 per hour.

Adult Day Health Care - The national average median per day is $60.

Assisted Living Facility - The national average median for a one bedroom unit in an assisted living facility is $3,185 per month.

Source: Genworth 2010 Cost of Care Survey conducted by CareScout(r)

Wednesday, May 5, 2010

Planning for Retirement with Genworth Long Term Care Insurance

Planning for retirement can be stressful and for many today is a challenge. If you have a long-term illness or a chronic condition, you may require extended care at home, in an assisted living facility or nursing home. Long term care insurance can help make sure you have the financial resources to cover these costs. It will help you maintain your financial freedom and give you the flexibility to participate in helping you make choices that impact your care — about the services you receive, where you receive them and who provides the care you need.

We encourage you to browse this website, which is designed to give you some basic information about Long Term Care planning and Long Term Care Insurance. After you have done so we also encourage you to complete the inquiry form. This will enable you to learn more about your options, and to find a solution that may best suit your LTC needs and goals.