Dallas, TX (Law Firm Newswire) December 30, 2011 – Since the Community Living Assistance Services and Supports (CLASS) Act long-term care program has been eliminated, many senior citizens are left wondering how they will pay for services such as nursing home care and other forms of elder care. CLASS was poised to assist individuals in obtaining affordable long-term care insurance, but after analysis showed that it was financially unsustainable, the Obama Administration has called off the program. Individuals must now go back to traditional ways to pay for their elder care.
“Medicare does not assist with long-term care. Many people have a hard time getting by today, let alone planning for their care after they are 65 years old,” said Dallas elder law attorney John Hale, of The Hale Law Firm. “It is not a matter of if you will need these services, the question is when. Planning early can help to protect your assets and qualify for important government benefits.”
AARP notes that 70 percent of senior citizens will utilize long-term care services. Staying out of a nursing home and getting preventative care are priorities for many seniors, so many individuals and their loved ones should take the time to address health care wishes and incorporate long-term care into their financial plans. Otherwise, savings may be exhausted and government benefits denied.
“Planning ahead can help you secure access to quality care without subjecting yourself and your family to crisis,” said Hale. “Our objective as an elder law firm is to find creative ways to address our clients’ health care needs while preserving family unity and financial security.”
The Hale Law Firm
100 Executive Court, Suite 3
Waxahachie, TX 75165