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Posts tagged "Long Term Care"

The Congressional Commission on Long Term Care: Deadline September 12th

August 30, 2013 / Chris Orestis
Long Term Care Commission

The Long Term Care Commission Deadline of September 12 is Rapidly Approaching Life Care Funding CEO, Chris Orestis joins panel of experts and submits formal Medicaid Life Settlement policy paper to The Congressional Commission on Long-Term Care The Congressional Long-Term Care Commission will submit final recommendations to the President of the United States and the Congress on September 12th, 2013. Chris Orestis, CEO of Life Care Funding was one of the national experts on Senior Care and Finance to submit a written policy recommendation to…

[Read More...]

Consumer Protection, Cost of Care, Insurance Conversion, Long Term Care, Medicare

How Do People Pay for Long Term Care?

August 28, 2013 / Chris Orestis
How do people pay for long term care

Use Your Life Insurance Policy to Pay for Long-Term Care Leaders from the Long Term Care Industry, Life Settlement Industry, and Law Makers Speak Out in Favor of Using Life Insurance to Pay for Long Term Care Using your life insurance to pay for long term care is easy, because consumers have the legal right to convert their life insurance’s death benefit into a living benefit that can be used to pay for Long Term Care services. Homecare providers, Assisted Living communities, Nursing Homes, and…

[Read More...]

Assisted Living, Financial Assistance for Seniors, Insurance Conversion, Long Term Care, Long Term Care Cost, Nursing Home, Retirement Funding

Long Term Care Costs, and Budgeting Advice For Baby Boomers

August 20, 2013 / Chris Orestis

David Bakke is a contributor for Money Crashers and writes about money management tips related to insurance, healthcare, investing, long term care costs, and retirement. Chris Orestis, CEO of Life Care Funding contributed to this article. The cost of long term care nowadays is staggering. The average annual cost of a nursing home is $63,145, a home health aide is $40,040, and homemaker services are $38,896. Partner all that with the fact that many of the government programs we rely on to subsidize these costs are…

[Read More...]

baby boomers, Financial Assistance for Seniors, Long Term Care, Nursing Home, Retirement Funding

This Week In America Video Interviews Chris Orestis (part 1) and (part 2)

August 14, 2013 / Chris Orestis
this week in america

For the past few weeks, Chris Orestis has been jumping from station to station spreading the word of Life Insurance Settlement. His tour most recently brought him to the station, This Week in America.    Chris is nearing the end of radio tour, but he has something different for us today. Chris skype called This Week in America’s Ric Bratton for an interview  The setting of the interview was different and so were the topics. Chris and Ric talked about how Life Care Funding can really…

[Read More...]

Health Care Industry, interview, Life Insurance Bill of Rights, Long Term Care, radio, Senior Life Insurance, Surrender Life Insurance, video

Chris Orestis on 1380 The Woman

July 30, 2013 / Chris Orestis
1380 the woman logo

Life Care Funding CEO and spokesperson, Chris Orestis, has been touring the country. Chris has been hopping from one radio station to another teaching people about a little known life insurance opportunity, selling it. Through Life Care Funding, you can end your life insurance payments, and pay for senior care. Every year thousands of seniors throw away their life insurance policies because they don’t know what Life Care Funding can do for them. Senior care can be extremely expensive, and having to pay for both care and…

[Read More...]

Home Care, interview, Long Term Care, radio, State Bills

Chris Orestis Radio Tour Teaches the Public about using Life Insurance Policies to Pay for Care

July 22, 2013 / Chris Orestis
Radio Tour, Chris Orestis of Life Care Funding

Life insurance industry expert, Chris Orestis, goes on a nationwide radio tour to inform seniors of new possibilities to help pay for long term care. Chris is working to get the word out to seniors and their families that they can use a life insurance policy to pay for long term care whether home care, assisted living or nursing home care. Many seniors who need care have to go through a Medicaid spend down to qualify for Medicaid which means they must use a Medicaid…

[Read More...]

Cost of Care, Financial Assistance for Seniors, Long Term Care, Medicaid, Senior Care

Long Term Care Insurance

July 17, 2013 / Chris Orestis
long term care insurance

If the Long Term Care Insurance Market Collapsed, How are Seniors going to Pay for Care? In 2000, there were over 100 Long Term Care Insurance Companies and today there are maybe a dozen What happened?  In less than 15 years the long term care insurance market has almost disappeared.  Major insurance companies such as MetLife, Prudential, UNUM, and the Guardian have quite the market and no longer sell policies.  The only companies left have been forced to raise premiums on families that bought policies…

[Read More...]

Cost of Care, Financial Assistance for Seniors, Insurance Conversion, Long Term Care, Long Term Care Cost, Long Term Care Insurance, Senior Issues

Long Term Care Commission takes on the Long Term Care Funding Crisis

July 3, 2013 / Chris Orestis
Long Term Care Commission

Life Care funding is aware of the troubles the US government’s Long Term Care Commission and Medicaid will be soon facing with long term care, and we have a solution. The Long Term Care Commission appointed by Congress to study and make recommendations about the rapidly escalating crisis facing Americans and their ability to pay for long term care, met for the first time in Washington, DC on Thursday, June 27th and the Long Term Care Commission’s prognosis was dire. It has long been known that…

[Read More...]

Cost of Care, Long Term Care, Long Term Care Cost, Long Term Care Insurance, Medicaid, Medicare

How to Pay for Elder Care

June 20, 2013 / Chris Orestis
How to Pay for Elder Care

How to pay for Elder Care: Homecare, Assisted Living, Nursing Home, Memory Care or Hospice One of the biggest challenges facing seniors and their families today is how to pay for Elder Care, especially the various forms of Elder Care. Elder Care or Senior Care can come in many different forms. There is Private Duty Homecare and Skilled Home Health Care. There is Independent Living, Assisted Living and Continuing Care Retirement Communities. There are Memory Care Facilities, Nursing Homes and Hospice Care. All forms of…

[Read More...]

Assisted Living, Elder Care, Health Care for Seniors, Home Care, Long Term Care, Nursing Home

Searching for Private Pay Solutions as the Long Term Care Funding Crisis Worsens

May 8, 2013 / Chris Orestis
Private Pay Solutions for Long Term Care

Unprepared for the Future Americans are doing little to prepare for long term care and are not very concerned.  And maybe they don’t need to be concerned— because they need to be terrified!  A recent poll released by AP-NORC Center for Public Affairs Research, and reported in the national media, verified a major factor contributing to the long term care funding crisis in this country: Two out of every three people over the age of 40, according to the poll, have made no plans about…

[Read More...]

Long Term Care, Long Term Care Cost, Senior Issues, Senior Life Insurance
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popular white papers

  • Dangerous liabilities lurk for families and advisors in long term care planning >
  • Long Term Care Benefit Plan Spend-Down and Medicaid Eligibility: Asset Recovery Rules and Filial Responsibility Laws >
  • Private Pay or Medicaid? Long Term Care Benefit Qualifies for Both >
  • Life Expectancy Compression: The impact of moving into a long term care facility on length of life >
  • The Treatment of Life Insurance as an Unqualified Asset for Medicaid Eligibility >

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