Senior Care Blog

Many times, children of aging parents are suddenly faced with the reality of placing their mom or dad into a long-term care environment, without knowing how to pay for assisted living, skilled nursing, or other senior living options. Too many families do not plan in advance and are often shocked at how expensive assisted living can be. While some make the mistaken assumption that assisted living will be covered by health insurance, they are devastated with the realization that the cost will be coming out of their own pockets. Without thoughtful advanced planning, the [...]

Assisted living costs are increasing across the country as more baby boomers are needing assistance and inflation increases. According to a recent study, a retiring couple today will need $285,000 in savings just to cover medical expenses. This doesn’t include the cost of living. Classic retirement plans, a 401K, or social security may be an option for some, but according to AARP, more than 6.4 million seniors live below the poverty line. The placement specialists at Senior Home Transitions work with seniors of all income levels to find the care they need at a [...]

More than one-third of Americans over 65 are either wartime veterans or are married to one. Many veteran families may not realize the benefits available to them to help offset the cost of senior care. Less than 10 percent of those who qualify apply for Veterans Aid & Attendance use the benefit, which can be used to help pay for in-home care, board and care, assisted living communities and skilled nursing facilities. This is because many veterans either are not informed or do not understand the benefits available to them. It’s actually easier to [...]