Elderly Care?

My father has parkinsons. I'm looking for financial advice and long term care/ insurance for both my parents. How does anyone afford any of this? I saw www.nhscare.com and am wondering if anyone can recommend them - or not.

I am one of the writers for Gilbert Guide (the foremost resource for everything senior care) and I think you'll find our website very helpful in navigating the long-term care insurance (LTCI) world. On our site, we have a list of factors to consider before purchasing LTCI鈥攈ere are the first three tips:

鈥erify that the insurance agent is licensed to sell long-term care insurance in your state and review ratings to ensure that the insurance provider is financially secure since you will likely need the policy for years to come
鈥etermine exactly which services are covered, e.g., skilled nursing home care, unskilled nursing facility care, home health care, adult day care, etc.
鈥xamine the length of time benefits are provided for the various types of services covered, look for maximum lifetime benefit amounts
To view the remaining tips and other information, go to:
http://www.gilbertguide.com/senior-care-...

Best of luck in your search,
The Gilbert Guide Team

Moose, I feel for you. I am taking care of my 92 year old father at my home. My wife is a Godsend when it comes to attending to him. He has Demensia. One thing I would look into is your Church for helping hands. Then Medicare/Medicade. These will help to ease your bills. You can look for health insurance for seniors that is not that expensive. If you father is on Social Security, he might recieve enough to cover his medicine if you find a doctor that will go generic with his medications. Also check with your doctor and make sure the Pharmacy he sends any prescription into is valid accross state lines. If you go anywhere that is a Godsend. It would be filled without them having to check with the doctor. Check with you County and State Government for help in the financial area also. If you have problems getting information contact your Congressman. Its not easy but remember he used to change your diaper when you couldn't. God Bless

I am a social worker in a Long-Term Care Facility (nursing home). As far as finances, I would suggest that you get in contact with an estate planner first. For more information re: coverage for them, i would check out www.medicare.gov--you should be able to find some help there. Before you buy any long term care insurance policies, check their coverage on facilities in your area and get a plan thats coverage adjusts with the cost of living...not a fixed rate. Another great source of info could be the Department of Health and Senior Services or something like The Office on Aging (or whatever state services for seniors are available in your area).

Hope this helps!