Long Term Care Insurance: Is our savings sufficient for care coverage?
With increasing awareness of the Baby Boomer retirement, the insurance industry is heavily focusing on long-term care insurance plans for aging consumers. Although Ministry of Health puts forward a significant amount of budget towards care for seniors, one can no longer depend on it solely or on private health insurance because it does not cover extended nursing home stays, assisted living centres or regular home care visits.
Read More...
Why are Canadians avoiding their long-term care planning?
A survey for Manulife Financial reveals that seven out of 10 Canadians said they would prefer to have an annual physical exam than spend an hour discussing their long-term care needs. This reluctance in discussing their future long-term care needs helps explain why only 21 per cent of Canadians have factored long-term care costs into their retirement planning.
Read More...
Top Ten Signs That Your Senior Relative May Need Housing Assistance
Determining whether or not a senior relative may require a change in living arrangements can be difficult. To provide a starting point, The Care Guide has issued its Top Ten Signs indicating that a senior may require housing assistance.
Read More...
Tips On Choosing a Long-Term Care Home in Ontario
So you or your loved is in need of a Long-Term Care Home. To help make this life transition easier, the following is intended to guide you through the application and placement process in Ontario (Canada-wide resources coming soon!), and provide some direction of how to choose the most appropriate facility.
Read More...