Long Term Care Insurance

For Women, Reduced Access to Long-Term Care Insurance

“This was a very, very good business for a short time, with people buying long-term care insurance like it was candy in a candy store,’’ said Michael Perry, a vice president at the Opus Advisory Group, a strategic financial planning firm in Purchase, N.Y. No more. Mr. Perry has sold only one long-term care policy(…)

Read More

New Life for the Class Act?

Now that President Obama has won a second term, the Supreme Court has ruled the Affordable Care Act constitutional and the election has made Congressional attempts to repeal it unlikely, a few advocates for the elderly are quietly talking about resurrecting the Class Act, or some variant of it. The first voluntary national program for(…)

Read More

Forced to Choose: Exploring Other Options

Ruby Washington/The New York Times I wrote last week about the poor choices facing patients, most very old and within six months of death, who need nursing home care after a hospitalization. Medicare will pay for hospice, the acknowledged gold standard for those at the end of life and their families, and it will also(…)

Read More

Forced to Choose: Nursing Home vs. Hospice

An older person, someone who will die within six months, leaves a hospital. Where does she go? Almost a third of the time, according to a recent study from the University of California, San Francisco, records show she takes advantage of Medicare’s skilled-nursing facility benefit and enters a nursing home. But is that the best(…)

Read More

A Choice of Community Care, in Your Own Home

For 51 years, Catherine Mack has lived in a four-bedroom house in Haddon Township, N.J. Even at age 96, she has no intention of leaving. Joining other older adults at a nearby retirement community doesn’t appeal to her, although the facility is attractive and has a great reputation. “I think in a place like that,(…)

Read More