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How are Other Countries Caring for Their Elderly Population?

Posted by Senior Providers Network on Apr 15, 2019 10:28:57 AM

While the focus in the US is on Medicare and has become more paramount with the retirement of the Baby Boomer generation, help for seniors in other countries has taken a new priority as well. It is estimated that by 2050 about 277 million adults will need others to care for them. This staggering total also estimates that about half will require some form of dementia care which puts an increasing burden on family caregivers.

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Topics: Caregiving, Family Caregiver

Medicare Basics

Posted by Senior Providers Network on Apr 2, 2019 10:00:00 AM

I want to apply for Medicare.  When do I apply for Medicare?  When do I sign up for Medicare Part D?  Questions, questions and more questions.  We are going to put together a series of blogs that will better help you understand Medicare basics.  Senior Providers Network is not going to make anyone an expert, but you will walk away with a better understanding.  We will be discussing Part A, B and D and even discuss Medicare Advantage plans (Medigap). 

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Topics: Medicare

Financial Burdens Family Caregivers Face

Posted by Senior Providers Network on Mar 26, 2019 10:00:00 AM

For primary family caregivers, the financial burden that is incurred when support is needed can be considerable. In terms of financial support, family caregivers provide 68% which comes out of their earnings to support the senior members of their families. This translates to about $180 billion in out-of-pocket expenses every year.

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Topics: Caregiving, Family Caregiver

When is the Right Time for a Senior to Downsize or Move?

Posted by Senior Providers Network on Mar 22, 2019 10:00:00 AM

It seems that we spend much of our lives complaining about how the home is not big enough, only to discover one day that we don’t need all that extra room. At some point, a senior homeowner will face that challenge and must decide whether to downsize, move to a smaller home or an eldercare facility.

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Topics: Family Caregiver

When is it Time to Take the Keys Away from a Senior Loved One?

Posted by Senior Providers Network on Mar 7, 2019 10:00:00 AM

There are many difficult conversations that you will have with your family, but few are as brutal as telling a parent or grandparent that they can no longer drive their vehicle. A vehicle represents more than just transportation, it is independence that allows a person to go where they want, when they want without relying on companion care or you.

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Topics: Caregiving, Family Caregiver

How Can I Take Care of My Parents and Keep My Job?

Posted by Senior Providers Network on Mar 5, 2019 10:00:00 AM

One of the most difficult decisions for children (Family Caregiver) of elderly parents to make is how to take care of them when they have a job. The idea of putting their loved ones in senior care centers has considerable drawbacks. Plus, the thought of if you can take care of your parent, then you should because it is your responsibility.
Of course, giving up your career is something that is not a pleasing idea as well.

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Topics: Family Caregiver

Technology to Assist Family Caregivers and Seniors

Posted by Senior Providers Network on Jan 23, 2019 1:00:21 PM

Here is the situation.  Chronic illness (long-lasting) has replaced acute illness (short duration) as the major health problem of aging adults in America.  Older adults want to live independently in their homes for as long as they safely can.  There is a caregiver shortage and assisted living is very expensive. 

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Topics: Family Caregiver

Tis the Season

Posted by Senior Providers Network on Dec 14, 2018 2:21:09 PM

It’s that time of the season.  It’s the time when families large and small get together to eat and talk about the things that are happening in their lives.  The kids talk about the new friends they met at school, maybe a new game they learned how to play.  Parents of those kids are probably talking about their new home, a job or even the economy.  Whatever it is, the holidays are a special time to celebrate with family. 

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Topics: Family Caregiver

Reverse Mortgages 101

Posted by Senior Providers Network on Nov 29, 2018 3:43:13 PM

Home equity is the most important asset you can have. Therefore it is important you understand how this works or else you could end up losing a lot of money in the long run. Your home equity is that part of a property that you truly own. In a reverse mortgage, you trade this home equity for cash to support yourself and do other necessary things for yourself as a retiree. In the United State, a person who is qualified to enjoy the benefits must be at least sixty-two (62) years of age or older.

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Topics: Family Caregiver

Are Millennial Caregivers Becoming the New Sandwich Generation?

Posted by Senior Providers Network on Aug 28, 2018 12:18:41 PM

While the media has promoted the idea that Millennials are self-involved, the truth is that they may be the sandwich generation who must provide care for their aging parents and grandparents. Today, there are roughly 10 million Millennials who are the care companion or provide some type of substantial support for their elderly parents, grandparents, or relatives.

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Topics: Sandwich Generation