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Eldercare
Reply to "Eligibility Determination for Federal Long Term Care Policy"
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[quote=Anonymous][quote=Anonymous]I would advise using the benefits when they are truly needed for daily care, otherwise you will burn them up before your parents reach a stage where they more desperately need hands-on help. There are other ways/things which are not that costly to do medication reminders or some grooming. In any case, you should look over their benefit information to find out what they are eligible for and what the lifetime cap is. [/quote] Yes, this. You do NOT want to burn through then find your parents requiring more intensive - and expensive - care. My MiL started using their LTC policy to watch her husband (FiL) as he cannot be alone due to cognitive issues. She immediately started booking 5 days of care as she wants to continue to keep up her busy social life. I get that, especially as caregiving can be very draining, though perhaps 2-3 days may have been more financially prudent. Even DH said the other day that their resources are not endless.[/quote]
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