Caring for aging parents often presents a unique set of challenges that can be both emotionally and physically taxing for families. Here are some common difficulties they may encounter: Emotional Strain: One of the most significant challenges is the emotional burden that comes with seeing a parent’s health decline. This can lead to feelings …
Archives for June 2025
It Is Never Too Late To Devise A Medicare Plan
When a loved one moves to a nursing home, family members are often shocked to learn that the bill is not paid by Medicare or health insurance. Few families have the money to pay the average nursing home bill themselves. In Connecticut the average nursing home bill is over $180,000 per year. Life savings can be depleted quickly paying these bills. …
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Medicaid Cuts Are Coming
Cuts to the Medicaid Program are coming unless we fight back. The budget proposal that passed in the House would cut over $700 billion from the program, jeopardizing the funding and overall coverage of millions. Under the proposal, some Medicaid costs would shift to the states, leading to fewer resources for nursing homes. Medicaid cuts …
Reverse Mortgages Can Provide Financial Stability
Reverse mortgages can be a valuable financial tool for seniors, providing them with numerous benefits and opportunities. One should explore the reasons why reverse mortgages are good for seniors, focusing on their ability to provide financial stability, independence, and the potential for increased quality of life. One of the most significant …
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