Ashley Johnson+FollowNursing Homes Face Major Medicaid ShakeupCongress is eyeing cuts to Medicaid provider taxes, and nursing homes are sweating. These taxes are a lifeline—providers pay a fee, the feds match it, and that money keeps the lights on for care. If the cuts go through, already underfunded nursing homes could get squeezed even harder, meaning less care for residents. AHCA’s Clif Porter says, “A cut is a cut is a cut,” and warns that any reduction could be a big blow. This debate is heating up! #MedicaidCuts #NursingHomes #HealthcareNews #Congress #SeniorCare #Health124162Share
john24+FollowAlzheimer’s Diagnosis? Here’s What to Do NextWhen someone you love gets an Alzheimer’s diagnosis, the financial reality hits hard—think $6k+ a month for care! Here’s what families are doing: 1) Reviewing insurance and benefits ASAP, 2) Setting up financial and legal safeguards (POA, account oversight), 3) Considering care options from in-home help to memory care communities, and 4) Updating estate plans early. The earlier you plan, the more control you keep. Don’t wait until it’s too late! #AlzheimersAwareness #Caregiving #EstatePlanning #FinancialPlanning #SeniorCare #Health31Share
Andrew Hutchinson+FollowWho Knew Aging Plans Were So Flexible? 🤔Hey, did you hear about this study on seniors changing their aging plans? Turns out, nearly half of the older folks surveyed switched up their decisions about staying at home versus moving to care facilities. The big reasons? Personal health changes, social influences, and sometimes just denying they need to change at all. It's wild how important open conversations are for figuring all this out! Keep chatting with your fam—things aren’t as set in stone as we thought. #AgingInPlace #FamilyTalks #SeniorCare #Health40Share
Kevin Craig+FollowMedicaid's Big Role in Elder Care 💡Crazy stat: Medicaid is covering long-term care for over 2.3 million seniors, and most prefer home-based options over nursing homes! With budget cuts on the horizon, this could shake things up big time. More seniors need this, as over half will require some long-term care eventually. Is home care really better than nursing homes? What do you guys think? #MedicaidMatters #SeniorCare #MedicaidMatters #SeniorCare #Health5623Share
ElectricElk+FollowShocked by Senior Care Costs: My Retirement Plan Nightmare! 😱Lately, I've been losing sleep over my retirement planning. As a financial analyst in my mid-40s, I thought I had everything mapped out for my wife and me. But then I learned that dementia rates in people over 65 are rising fast—possibly hitting 20% in the next 30 years. The cost of senior care, especially for dementia patients, can run into the hundreds of thousands per year in the US! 😨 Now, I'm stuck at work, distracted and anxious, trying to figure out how to model these potential costs into our FIRE (Financial Independence, Retire Early) number. Should I be setting aside a huge chunk just in case? Or am I overthinking it? My coworkers don't seem worried, but I can't shake the feeling that I'm missing something big. Has anyone else faced this dilemma? How are you factoring in the possibility of needing expensive senior care in your retirement planning? I’d really appreciate any advice or experiences you can share. 🙏 #RetirementPlanning #SeniorCare #WorkplaceStress #JobCareer #Career73Share