Many consumers believe they either won’t have an extended care scenario or they’ll self-insure. But private funding rarely works out in the real world. There are charitable organizations and community resources like Meals on Wheels that assist seniors who need help. But many seniors have their children taking care of them out of their own finances. Surprisingly few have long-term care insurance. Many seniors are
depending on government programs like Medicare, Medicaid and veterans’ benefits just to get by. Steve and Dianne outline some payment strategies for elder care that can help you provide a holistic approach to the senior market place.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More