What are a few things most people avoid talking about at all costs? What comes to mind? A short list may include taxes, politics, religion, and the big one: death! Something else that most people avoid is the potential need for long-term care.
The path we must stride in our golden years can be tough, but this topic is like many things. A sage person once said, “We need to plan time to plan time.” Long-term care can be thought of similarly in that we have to plan time to plan our future. Planning for the future never stops, no matter what age we have reached.
What’s alarming is that surveys reveal that most Americans have huge misconceptions about long-term care. The SCAN Foundation funded a survey of American over the age of 40, and its discoveries are startling. The finding stated that most people drastically underestimated the potential that a loved one may need long-term care in the next 5 years, there is a lack of knowledge of the impact of “person-centered care,” there is a lack of understanding of how private insurance plans and Medicare supplements cover long-term care needs, and there is a lack of desire to plan at all.
Person-centered care is “An approach to healthcare and supportive services that allows individuals to take control of their own care by specifying preferences and outlining goals that will improve their quality of life.”
The main way to have person-centered care is through pre-planning and coordinated care. This is achieved primarily through communication and by pre-planning. Obviously, this is the care everyone would hope for if they understood the needs or had the resources.
Over the next few weeks we will dive into the topic of long-term care and attempt to help you have a better understanding of what you can do to plan for your future. We believe this will be an empowering and rewarding path to travel.