Binocular Vision

Eldercare Terms and Topics

As you navigate the foreign territory of parent care, you can encounter specialized topics and terms that are unfamiliar. The links in this page describe eldercare topics and terms introduced in this website.

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GLOSSARY OF TERMS

FINANCIAL

Long term care insurance helps pay for long term care services. It can be prudent to consider the role of long term care insurance in relation to an overall financial and estate plan. Long term care insurance typically covers a portion of the cost of:

• Help in the home with daily activities (ADLs) like bathing, dressing, eating and cleaning

• Community programs, such as adult day care

• Assisted living services that are provided in a special residential setting other than the insured party’s own home

• Home healthcare/visiting nurses wherever the insured party lives

• Care in a skilled nursing facility/nursing home

• Policies can be written to cover services of a geriatric care manager


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© 2009 Binocular Vision Advisors, LLC

The material in this website is for informational purposes only. It is not intended to replace the advice of a professional such as an attorney, accountant, financial planner or geriatric care manager. Although this website is periodically updated, it may contain information which is incomplete, inaccurate or out of date.