The Ultimate Guide To Senior & Elder Care Planning

By Stefanie Shumaker, M.Div.

It may be time to think beyond basic retirement housing toward a long-term care plan when one of these situations arises:

• Your parent needs rehabilitation after a hospital stay, surgery, an injury or illness.

• You have observed that your loved one may need around the clock supervision, has demonstrated cognitive impairments, and may be experiencing a severe medical condition or permanent disability.

If you can foresee the possibility of extensive care in your person’s later years, it might be in your best interest to assist them in pursuing long-term care insurance today. The appropriate insurance plan may provide some financial relief at a time when their needs and costs of care become a significant burden.