Insurance/Paying for Care, Planning
My inbox is filled with emails from caregivers trying to figure out how to pay for their parents’ care. They’re facing complicated and hard choices. The big choices? Whether they should quit their job, move a parent into their home to avoid expensive care, or pay for...
Insurance/Paying for Care
In a recent survey, AARP found that about three-quarters of all caregivers spend, on average, 26 percent of their household income on caregiving. This is on top of the estimated $470 billion in unpaid care that they provide; and doesn’t include the potential lost...
Insurance/Paying for Care
“What do you mean Medicare doesn’t cover this?” My friend Sarah was caught off guard when I told her that her parent’s health insurance program doesn’t cover her parents’ care. What I explained is that there’s a lot Medicare doesn’t cover and one of the biggest gaps...