Long Term Care Part 5 – What Resources Are Available To You

Good evening Dolls,

Happy Monday to you all!  I hope you had a fantastic weekend.  Mine was absolutely AMAZING!  Saturday, I had an opportunity to conduct a Diabetes workshop for a Health Fair given by the Delta Sigma Theta and Alpha Kappa Alpha sororities.  Nothing makes me smile more than giving back to the community.  That evening, I attended a gala that celebrated the top agents in my office for New York Life.  We dressed up and danced the night away 🙂  Finally, on Sunday, after a great day in church, I attended a Women’s Empowerment Brunch.  It was such a great time, fellowshipping with like-minded individuals.  This was truly a blessed weekend.

If you remember, when we left off last week, we spoke about when one should apply for Long Term Care insurance.  The younger and healthier you are, the better your chances are of being approved.  We also discussed, what it is, what it does and where you can have long-term care. Today we will speak about the resources available to you.

What resources are available?

Even though Medicaid is the dominant source of payment for long-term care it is followed by out-of-pocket payments by individuals and families.  No one wants to deplete their savings paying for something that can be prevented.  It is important to do all of your research PRIOR to paying for a location if you are not rehabilitating at home. Reading and researching will help you make the right choice.  Here are a few resources that discuss long-term care and why you should be proactive as opposed to reactive.

If you have any questions, please feel free to post here or to email me @ thefinancialcomforter@gmail.com

Next week: Gift card opportunity time!  Since this will be the last part of our Long Term Care series, I will end it with a review.  You can win a 15.00 gift card 🙂  Be ready to win!!!!!!!

As always, thank you for reading and have a blessed week.

Marsha

Changing the lives in our community….one family at a time 🙂

 

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