I’ve fallen and I can’t get up. This line was spoken in a television commercial for a medical alarm and protection company called LifeCall, starting in 1989, up to 1990, when they went out of business. The motivation behind the systems is that subscribers, mostly senior citizens, would receive a pendant which, when activated, would allow the user to speak into to an audio receiving device and talk directly with a dispatch service, without the need to reach a telephone. The service was designed to appeal particularly to seniors who lived alone and who might experience a medical emergency, such as a fall, which would leave them alert but immobile and unable to reach a phone. Today this system is referred to as PERS: Personal Emergency Response System. (More about this in upcoming articles.)
Prevention is the key to good health. Preparedness is the key to a safe and secure future. So often we make changes to our life after we have been impacted by a tragedy, a bad accident or health crisis.
Here are a few questions and answers by today’s experts on our future?
Relative to LTC:
What age is too young for long-term care planning?A good time to buy long term care insurance is between ages 50 and 55, according to the American Health Care Association, a federation of 50 state health organizations representing assisted living, nursing facility, long term care, and sub-acute care providers. The Association surveyed LTC insurers at the end of 2007 and the youngest policyholders receiving benefit payments are ages 23 and 25. Yesterday's image of long term care is something that people need when they are old … and old is subjective. It is true that most people will need long-term care as a result of getting older. But, younger people have accidents -- skiing, riding motorcycles all come to mind. Surgery will fix that busted knee -- but you'll need long-term care for months of recovery and your health insurance doesn't cover that. And, younger people get illnesses in their 40s and 50s like MS and Parkinson's that can require the need for years of care. Just something to think about.
Recently you submitted a question to Dave Ramsey through our website. Your question was forwarded to me from Dave’s office since he does not always have enough time on air to answers all the questions he receives. I have worked with Dave for over 13 years and am quite familiar with his opinions and recommendations related to insurance.
With regard to your question, Dave strongly recommends that people 60 and older have Long Term Care Insurance (LTC). At 60 or older you need to work this type of plan into your insurance programs.
One of the primary reasons for LTC is that one spouse's nursing home healthcare needs can financially drain a family’s savings and detrimentally impact the other spouse’s financial lifestyle. Most health policies are very limited in the long term nature of their services which is why LTC plans were developed. There are many different companies specializing in these types of plans and we have generally found shopping around to be very beneficial from both a pricing and quality standpoint.
Chances are good that everyone will be impacted by a family caregiver at some point in their life as is demonstrated by this Rosalynn Carter quote:
There are four kinds of people:
- Those who are caregivers
- Those who have been caregivers
- Those who will be caregivers
- and those who will need a caregiver
Relative to your heart health
At what age should we be screened for heart disease? According to the Mayo Clinic in Rochester, MN, heart disease is the number one killer of men and women in the U.S. Yet, heart disease is preventable for the majority of people. The choices a person makes through their life can make the difference between having heart disease and being heart healthy. Even people who are at high risk due to their family history, their race or other factors can lower their risk by making healthy choices. Eating a healthy diet, exercising, not smoking, and maintaining a healthy weight is all ways to prevent heart disease. But it is also very important to be screened regularly by your doctor in order to determine your risk of heart disease throughout the years. The American Heart Association (AHA) recommends that everyone, starting at age 20, should be screened regularly for HDL and LDL cholesterol levels, triglyceride levels, blood pressure, and weight and waist circumference. As a person gets older, blood glucose levels should also be checked. How often a person should be screened depends upon their risk factors for heart disease and current health.
Here are recommended tools for you.
For your health & weight: In my research I have found the Visalus products to be great. If you are looking to lose 10 – 100 lbs there is a shape kit for you. If you want to build lean muscle with proper nutrition and a patented tri-sorb protein than the Core Kit is available for you. Take the time today to look around at this site: http://hearttoheart.bodybyvi.com
Shopping for Long Term Care Insurance can be daunting. I have found the company CCS Caregivers to actually stand alone in “pure cash” benefits. It’s affordable and you can get a quote easily by filling a form out on line. http://lovedonesathome.net