Transitioning Seniors from Short-Term to Long-Term Care

Transitioning Seniors from Short-Term to Long-Term Care

Your loved one falls at home and breaks a bone. Or they suffer a major health event like a heart attack or stroke. They are treated first at the hospital. Then they are discharged to a rehabilitation facility. After some time, they realize they can no longer care for themselves on their own. The need to transition from rehab to a long-term care community becomes clear. Fear and anxiety set in. So does the financial reality.

For many families, this is a common but difficult scenario. In this article, the Association for Long Term Care Planning discusses this transition and ways to make it easier. And it highlights one of the most worrisome aspects of long-term care:  How to pay for it.

Long-term care costs are high and rising every year. Some are blessed with the financial resources to pay for these costs on their own. For others, long-term care insurance is a wonderful option. But for those who haven’t planned ahead, it is often medically and/or financially unavailable.

Statistics show that two-thirds of seniors will pay for long-term care using government programs like Medicaid or Veteran’s pension benefits (often known as “Aid & Attendance”). Yet qualifying for these benefits is often a daunting prospect. The process is complicated, confusing and time-consuming. Mistakes are common and can be financially disastrous. Finding a qualified professional can make all the difference.

At Haiman Hogue, we specialize in helping families plan and pay for long-term care costs using Medicaid and VA benefits. We help families in crisis mode as well as those who are fortunate to plan ahead. Contact us at www.haimanhogue.com or give our office a call at 469-893-5337 to schedule a free consultation so we can discuss how we can help your loved with this difficult transition.

Author: Jeff Crouch

2019-05-11T14:56:15+00:00May 11th, 2019|