How to Pay for Senior Care?

Wondering how to afford essential help for aging parents and older individuals? #geriatrician #eldercare #geriatrics #financing #financialplanning

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In this video, geriatrician Dr. Leslie Kernisan, MD MPH, teams up with experienced geriatric care manager Michelle Allen, LCSW, to address the pressing questions surrounding eldercare financing. Gain insights into the diverse spectrum of assistance that aging adults typically require and explore the array of options available to meet these needs. We delve into the critical aspect of understanding the costs associated with eldercare, helping you navigate financial planning for seniors with confidence.

Caring for an aging parent? Learn about Dr. K’s Helping Older Parents programs here: https://betterhealthwhileaging.net/he...

Discover the four primary methods people use to finance eldercare, ensuring that your loved ones receive the care and support they deserve. This episode serves as a valuable resource for those seeking clarity on paying for senior care, eldercare, and long-term care.

Join us in this discussion, and empower yourself with the knowledge to make informed decisions about aging and well-being.

Related article: Hiring In-Home Caregivers for Aging in Place: What to Know https://betterhealthwhileaging.net/hi...

CHAPTERS:
00:00 What types of help do elders need
06: 39 What are the options for eldercare?
17:07 How much does eldercare cost?
27:02 How to pay for eldercare?
29:23 About long-term care insurance
33:49 How Medicaid pays for eldercare
42:34 To learn more & get help

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Leslie Kernisan, MD MPH, is a practicing geriatrician and the founder of the popular aging health website and podcast BetterHealthWhileAging.net, which she created to help families and older adults learn better ways to manage aging health challenges. Additionally, she is a Clinical Instructor in the Division of Geriatrics at UCSF. Dr. K and her team of expert geriatric care managers currently provide ongoing support and guidance to families dealing with memory loss and Alzheimer’s through her latest online course, Helping Older Parents with Memory Loss.

Disclaimer: The material on the Better Health While Aging Youtube channel, including any exchanges in the comments section, is for informational and educational purposes only. Any comments Dr. Kernisan may make regarding an individual’s story or comments should not be construed as establishing a physician-patient relationship between Dr. Kernisan and a caregiver, or care recipient. None of Dr. Kernisan’s website, social media, comments, or group information should be considered a substitute for individualized medical assessment, diagnosis, or treatment. Please see the full disclaimer for more information: https://betterhealthwhileaging.net/di...