Paying for Senior Care

family care

What to Know About Family Care

Today, people are more aware of the term family care since it was proposed in 1998. It is a complex government entitlement program where consumers have many choices. The program provides professional staff to guide older adults and their families through individualized health and long term care planning, and provides financial support to individuals who qualify.

It’s important to understand who decides family care funding and what guides those decisions.

Read More »
paying for senior care

Financial Options for Senior Care

When researching financial options for senior care, evaluate your available financial resources, including monthly income and assets. Each family’s individual circumstances determine how they may best cover the cost of senior care for a loved one. Here are 6 examples of financial options for senior care.

Read More »
assisted living costs

How Much Does Assisted Living Cost?

If you have just begun your search for assisted living, you may be surprised at how much assisted living services cost at specific communities. It is helpful to consult an objective source when considering the fees for assisted living in comparison to other options for care. Since 2004, Genworth Financial has surveyed long-term care costs on an annual basis.

Read More »