Elderly Law Resources

Insurance – Long-Term Care – Undesirable Policy Options

Long-term care insurance can provide peace of mind to those who are concerned about how they will finance long-term care, if needed. It can also provide significant financial assistance to buyers. However, some policy terms can negate many of the benefits of coverage. It is critical that buyers of long-term care insurance understand what these terms are so they can spot them in policies they are considering.

Medicare – Supplemental Health Insurance – Changing Medigap Policies and Losing Medigap Coverage

Sometimes, elderly Americans who have Medigap insurance to supplement their Medicare coverage wish to switch to a different policy. Other times, they must select a new policy if they wish to continue coverage because their insurance company goes bankrupt or because they move out of the policy’s service area, for instance. This article discusses the typical circumstance in which an insured wishes to change policies to obtain additional covered services or to find lower premiums.

National Family Caregiver Support Program

In 2000, the United States Congress enacted the National Family Caregiver Support Program (NFCSP). Although the legislation was originally designed to benefit only caregivers of relatives over the age of 59, it was altered before enactment to also benefit relatives over the age of 59 who were caring for children.

Social Security – The Basics

The Old Age Survivors and Disability Insurance Program, often known as Social Security, provides America’s aging population with a full spectrum of benefits, including retirement benefits, survivors’ benefits, Social Security Disability benefits (SSDI), and Supplemental Security Income (SSI). President Franklin Delano Roosevelt originated the program as a way to protect Americans from the pitfalls of poverty after the Great Depression.

Using Medicines Safely

Despite advances in medical knowledge and technology, an increased number of adverse health conditions often come with age. Tracking appointments with specialists and all of the medicines prescribed to treat health conditions can be taxing, at best. Worse, mistakes in taking medicines can be costly, especially as more Americans are combining over-the-counter medicines and supplements with prescription drugs. However, asking the right questions and proceeding cautiously can help ensure that medicines provide their full benefit, can help prevent the risk of taking the medicines incorrectly, and can help prevent an adverse reaction with other medicines.