Things to Know About Long Term Care
Just a few facts.
- •It's a persons home knock on their door before entering.
- •Know Medicare doesn't pay for long term care. You get 100 days and only after a 3 day hospital stay.
- •Managed Medicare isn't always the way to go. They dictate how long you stay in a skilled nursing facility.
- •Nice thing about managed Medicare they don't require a three day stay at a hospital.
- •Be wary of being on an observation stay at the hospital. Make sure you find out if you were actually admitted. I've seen where a hospital with obs a patient for a broken pelvis or heart attack so it happens.
- •Get a supplemental insurance. AARP/Mutual of Omaha, etc. This will help pay for what is called coinsurance.
- •Because no matter how much money you save. Almost everyone ends up on Medicaid (I mean the average joe).
- •Buy long term care insurance if you can afford it. Not many people can. Actually haven't seen a person yet.
- •If not get familiar with how Medicaid works.
- •Put your house in someone you trusts name. Five years before you go into a nursing home. There's a five year look back period prior to going on Medicaid.
- •Know the difference between skilled nursing, assisted living and personal care. They are all different levels of care.
- •Have the talk with family members about what there wishes as far as wanting CPR or if they are a DNR (Do not resuscitate). Nothing is worse they have a 92 yr old come in and family members have no clue what he or she would have wanted.
- •When you have that talk get it in writing
- •Designate someone either as Power of Attorney or as a Healthcare Agent
- •Get to know the people at your local Office of Aging. They are a great resource!