How Do I Pay for Long-term Care?

Out-of-pocket expenses for long-term care can be overwhelming.  Families are often shocked to find that their care needs will likely outlast their savings.  If paying out-of-pocket is not possible now or sustainable long-term, there are two main sources of assistance to pay for an elder loved one’s care:  TennCare CHOICES, which is Tennessee’s Medicaid program […]

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Helping Elders Avoid Scams

Most of us get annoying spam calls and e-mails about our credit cards, problems with our taxes, computer viruses, arrests of relatives, big sweepstakes wins, etc. Anyone can be targeted by or fall victim to these scams, but elders are especially vulnerable and may be targeted at a higher rate.  In this short video, ELET […]

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Is It Too Late to Plan for Medicaid/TennCare? Saving Assets from “Spend Down” in a Crisis

Amelia Crotwell, CELA My Gran is turning 107 today, and I’ll get to visit with her over the weekend.  I can’t wait to see her and sit in the courtyard, hold her hand, and talk about flowers, birds, and relatives.  We decided against the Big Birthday Party this year as we’ve been having big birthday […]

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What’s the Difference Between Medicare and Medicaid?

When it comes to paying for care, families are often confused about which program pays for what services. Both Medicare and Medicaid may cover different aspects of a single person’s care, and it’s important to understand the role of each program.  What is Medicare? Medicare is health insurance for people 65 or older, certain people […]

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How to Qualify for TennCare, Tennessee’s Medicaid Program

With costs in the thousands of dollars per month, paying for long-term care at home or in an assisted living or nursing home can be a huge financial hit for an individual or family. TennCare CHOICES, Tennessee’s Medicaid program for long-term care benefits, is often the solution that helps people get the care they need. […]

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Protecting Older Adults Against Identity Theft

Major data breaches in recent months have illustrated that all of us, regardless of age, are susceptible to identity theft. But older adults can be even more vulnerable to identity theft than others. Identity theft involves a criminal stealing personal identifying information to create a new identity or to steal money from the victim. Older […]

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What is Spend Down for Medicaid/TennCare?

Would-be TennCare CHOICES applicants often find themselves in a nursing home having a conversation with facility staff about TennCare and a process called “spend down.” At a stressful time with important health care decisions being made, this term can be confusing – and scary. Applicants and their families immediately imagine a process of divesting themselves […]

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What is a Qualified Income Trust or Miller Trust?

If you are in the process of applying for Medicaid/TennCare benefits, you may be told you need a Qualified Income Trust (“QIT”), also known as a “Miller Trust,” before you can qualify.  Most people have never heard of a QIT and are already in an urgent situation when a facility worker sends them to an […]

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Daily Money Management: A Valuable Service for Elders

With our rapidly growing population of seniors, more and more families will be dealing with loved ones who will face trouble managing their daily finances. Being unable to fully manage financial matters puts the elderly at risk of financial insecurity, debt problems or serious issues paying for long-term care down the road. The good news […]

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Adjusting Holiday Gifting with Elders in Mind

The holiday season has become an extravaganza of exorbitant gift-giving, and with all the sales and emphasis on holiday gifting, it may be a particularly difficult time for elders.  Older parents and grandparents generally want to give generously, but there are unique risks for elders in spending too much during the holidays.  Older adults risk […]

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