Did you know that approximately 70% of people 65 and over will need long-term senior care at some point in their life? Did you also know that you can’t rely on Medicare of Medicaid to pay for those expenses?
While paying for a long term care policy might not be on your radar when you’re 40 to 50 years old, that’s the best time to take action! The sooner you lock in a policy, the more affordable it will be in the long run. By purchasing a long term care policy, you’re not only saving yourself money, but you’re also eliminating the stresses that come with trying to figure out how to pay for in-home care in Grand Rapids down the road. Simultaneously, you’re relieving the financial burden from your family members, who often end up covering the costs.
Along with purchasing a long term care policy, there are other difficult but important things to look into in regard to end of life care and arrangements. You’ll want to write down your wishes and sit down with loved ones to ensure your wishes are granted should something happen in the future, whether an unpredictable car accident or the diagnosis of a terminal illness. Some decisions might involve the following:
- Health Care Agent – A health care agent or proxy is a person that you appoint to make any heath-related decision for you in the event you are not able to. This person will have a clear understanding of your wishes, and should be someone you trust such as a close family member or friend. By appointing a proxy, your loved ones will not have to make difficult decisions regarding your future care.
- Care Types – In the event that you fall ill, you’ll want to have a clear plan of where you will continue to live. You can make a decision on whether you would prefer to be cared for in a hospital or in the comfort of your own home. Many choose to be in their private residence surrounded by their personal belongings, friends and family, receiving care from a qualified, trusted and compassionate Grand Rapids live-in caregiver.
- Treatment Options – You can decide what types of medical treatment and life-sustaining measures you want or do not want if you are in a coma or if your heart or breathing stops. This includes a do not resuscitate order. You can also decide to donate your organs, body or tissues after you die.
We know these are difficult decisions to make and perhaps uncomfortable topics to talk about; nevertheless, they are important factors to consider as early as possible in life. Make sure all your wishes are in writing, along with a will, and review them from time-to-time as your desires change.
For more information about long-term senior care, contact Home Care Assistance of Grand Rapids today at 616-272-7028. Our Care Managers are on-call 24/7 and can answer any questions and assist you with your home care needs.