By NHS Editor on
7/27/2010 10:28 AM
More and more "investment advisers" are selling Trusts as vehicles for preventing probate, avoiding taxes and providing for estate management. Approximately 40 million baby boomers soon will require increasingly expensive medical care during a longer life expectancy than their parents. As they become ill with Cancer, Strokes, Alzheimer's Disease, Parkinson's Disease and other debilitating illnesses, that care will in many cases be delivered in a Skilled Nursing Home setting. The average stay at a nursing home...
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By NHS Editor on
7/23/2010 7:17 AM
HOW TO PAY FOR NURSING HOME CARE Over 70% of the American population will need some form of Nursing Home Care at some point during their life. The average Nursing Home stay can easily cost $7,500 per month. Add a Respirator in order to breathe and the cost could escalate to $25,000 per month. Whether a serious injury or a sudden or progressive illness, few people are prepared to handle the high cost of Nursing Home Care when a loved one is struck with a Catastrophic Illness. Catastrophic Illnesses...
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By NHS Editor on
7/11/2010 10:11 PM
“MEDI-CAL” THE WELFARE MYTH Unfortunately families, with loved ones suffering from a Catastrophic Illness such as Dementia, Parkinson’s, Stroke, or Alzheimer’s and in need of Long Term Nursing Home Care, labor under the mistaken notion that Federal funds from Medi-Cal are only for low-income patients. In fact, many Nursing Home operators are equally suffering from the same mistaken beliefs. Nothing could be further from the truth. The Private Pay Myth Many nursing home operators prefer...
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By NHS Editor on
5/20/2010 8:51 AM
WITH A LOOMING HEALTH CARE CRISIS, WHAT’S A BOOMER TO DO OR NOT TO DO “TO DO LIST” After World War II, we along with the rest of the world entered a time of economic growth, scientific advancement, industrial revolutions and we welcomed a new and large population of our most important product. Babies!! And more babies! The war was over, and good had vanquished evil. Soldiers, heroes were returning home to a nation and a world that sorely missed them. The result was what...
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