My parents can’t manage alone anymore. What should I do?
Posted by: BeamaLife Editor on 8 Apr, 2009
This is an increasingly common scenario. Perhaps one or both of your parents are having health problems, suffering mental lapses, or just slowing down with age. The problem may not go away or get better, but there are several ways you can deal with it. First, talk with your parents and any siblings you may have.
Sometimes the best option is to have your parents move in with or closer to you. That way, you avoid having to use our parents’ assets or your own to pay for a nursing home or other facility. You won’t have to worry about your parents receiving inadequate care from strangers. And your parents will probably appreciate the gesture of love and self-sacrifice on your part. However, the cost of feeding, clothing, and caring for your parents can be high, especially if you’re forced to give up a job to be home with your parents. And don’t underestimate the emotional and psychological impact.
What if your parents’ care is more than you can handle? You may then wish to consider some type of assisted-living arrangement. The broad term assisted living encompasses a range of facilities and services designed to help seniors who can’t live independently. The assistance provided may be short or long-term and may focus on social services, medical care, or some combination of the two. Depending on your parents’ conditions and needs, one or more of the following assisted-living arrangements may be worth considering:
Nursing homes
Assisted-living communities
Continuing care retirement communities
Alzheimer’s/dementia care specialty facilities
Retirement communities
Active senior communities
Home health care
Hospice care
Adult day-care services
Ask a social worker, your parents’ physicians, or other professionals for information about these assisted-living arrangements. Such individuals can also offer you support and recommend solutions that best meet your parents’ needs. Finally, if you have an employee assistance program at work, contact your human resources department for help and suggestions.
Please visit BeamaLifeinsurance.com for long term care insurance quotes and disability insurance quotes now.
Health Care Reform does not cover but $50 a day of long term care and only for home care. You have to pay into it for five years and then continue paying into it at over $100 per month. I think investigating long term care insurance sounds like a safer endeavor.