Paying for Care Archives - The Caring Chronicles | Senior Caring Blog
Grants For Senior Citizens
Jul24

Grants For Senior Citizens

As we age, the financial burden that we undertake can grow heavier with time. With bills adding up, and in many cases, little income by way of a retirement plan, it can be tough to ensure that you’re financially stable in the latter years of your life. While Medicaid and Medicare are a few great tools for staying afloat financially, there is another tool that many seniors don’t even know about. Grants for senior citizens provide...

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Understanding Single Payer Healthcare for Seniors
Jul19

Understanding Single Payer Healthcare for Seniors

If you have watched the news at all recently, you know that healthcare reform is a huge topic of discussion right now. Political leaders are seeking to restructure the healthcare system in the United States, and many of them want to repeal and replace Obamacare. Obamacare, or the health care law formally known as the Affordable Care Act, has been in effect since 2010. The challenge in repealing Obamacare is that there should be a law...

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Consider a Combination Life and Long-Term Care Insurance Policy
Jun09

Consider a Combination Life and Long-Term Care Insurance Policy

With the costs of healthcare and, in particular, long-term care ever rising, many are left wondering how they can afford to access the coverage they may need later in life. Rest assured, there are options available. If you’re just getting started with your search, check out these potential ways to pay for care. Long Term Care Insurance has become increasingly popular in recent years, largely due to the flexibility it can provide...

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Prescription Drug Plans for Seniors: Coverage Denied?
Jun02

Prescription Drug Plans for Seniors: Coverage Denied?

It is likely an all-too-familiar story for many seniors on Medicare – you go to the local pharmacy to pick up your monthly prescription as you always do, and suddenly you are told that your prescription drug plan through Medicare is no longer covering that medication. You can’t go without your blood thinner pills, but without coverage, it would cost you an estimated $1,300 out-of-pocket for a 90-day supply. So, what can you do when...

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5 Tips to Reduce Assisted Living Prices
Mar24

5 Tips to Reduce Assisted Living Prices

It’s become apparent that it’s time for your loved one to make the transition into assisted living. But with the already high prescription costs, appointments, and other expenses, you might be wondering how you’ll afford it. Paying for assisted living can be a hefty hit to the bank, but it can be manageable if the right steps are taken. There are many different ways to pay for senior care, but we’ve put together a list of a few tips...

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Crowdfunding Senior Care Costs
Dec30

Crowdfunding Senior Care Costs

Senior care is increasingly available to families with many options to choose from. Yet, one thing that can slow one’s journey to finding the right care option is payment and finance. Whether you’ve saved just enough or aren’t even close, crowdfunding your senior care costs is an increasingly popular option in our modern times. So what exactly is crowdfunding? Essentially, the combination of globally accessible...

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