Ascend Home Health in the News
A Guide to Planning and Paying for Long-Term Care
When it comes to anticipating a loved one’s long-term care needs, the earlier you start planning the better. Sure, it’s not a pleasant conversation to have, but ironing out the details now ensures your family member’s wishes are met should the time come when they are not able to make these decisions for themselves. But before you can start planning, it helps to know your options.
About Long-Term Care
As some people enter their twilight years, they need help with their day-to-day operations. A long-term care provider meets the emotional and physical needs of a person who is incapacitated. A long-term care facilitator will help with responsibilities we take for granted when we are young:
- Bathing, hygiene, and personal grooming
- Dressing and undressing
- Pain management
- Managing household chores
- Attending to medical needs
- Money management and paying bills
- Providing comfort and security
Planning for Long-Term Care
Not everyone needs long-term care as they age, but many will. According to a 2015 analysis of future long-term care needs, an estimated “half (52 percent) of Americans turning 65 today will develop a disability serious enough to require” long-term care. However, the report qualifies that most of these seniors will only need assistance for less than two years. On the other hand, approximately one in seven adults will have a disability for more than five years. The costs of this care can cost a person up to $100,000 in out-of-pocket costs.
When you plan long-term care and for your loved one’s needs, ask the following questions:
- What are their lifestyle choices? Do they smoke, drink, or have any other habits that increase their risk of chronic disease? Can they break these unhealthy habits and pick up new ones that prevent illness?
- Simple falls are the leading cause of injury and death in older Americans. What can you do today to reduce the risk of injury? Are there any home modifications you can make?
- What is your family’s health history? Are there hereditary illnesses and conditions that could develop?
Paying for Long-Term Care
As mentioned above, a person can end up spending thousands out of pocket on long-term care costs. Putting aside money today can alleviate the overall financial burden should your loved one end up needing long-term care. Fortunately, there are options specifically for this budgeting concern.
Health Savings Account
A health savings account is a completely tax-free way to save for future medical expenses. First authorized by congress in 2003, they are both funded with pre-tax dollars and free from penalties at withdrawal. They can be established along with the purchase of a high-deductible health plan, or HDHP. HDHP policies require the owner to pay a minimum deductible of $1,250 for a single person or $2,500 for a family policy.
Selling Life Insurance
If your loved one holds a life insurance policy, it can be settled for cash to cover medical expenses later in life. Selling life insurance isn’t the best option for everyone. The amount you get depends on age, policy type, and size. If their policy isn’t a lifetime plan, they can sell it as it approaches the expiration date and convert it to a lifetime plan, which can then be sold for more cash when needed.
When a senior is unable to take care of themselves due to disability or illness, they require long-term care. The earlier you start planning your family member’s long-term health care needs, the better. Talk with them about their lifestyle and risks for preventable and hereditary chronic illnesses. To ease the burden of paying for this care, start a savings plan today. A health savings account is a tax-free way to squirrel away money, but it must be acquired along with a high-deductible health plan. A life insurance policy can be sold later in order to cover senior health care costs, but whether it’s a good idea depends on a variety of circumstances. The only way you can determine the best route is by talking with your loved one and planning ahead for their possible long-term care needs.
Guest Post written by June Duncan, author of the upcoming book, The Complete Guide to Caregiving: A Daily Companion for New Senior Caregivers.
Ascend Home Health Care has opened new locations in Massachusetts and Virginia. The new facilities will provide patients with exceptional home health care and services, right in the comfort of our patients’ homes. We work with the finest professionals in the home health care industry – registered nurses, dietitians and home health aides – to ensure patients and their families receive the highest quality, in-home care.
All Ascend Home Health offer basic coordinated services such as:
- Skilled nursing with case management
- Physical, occupational and speech therapy
- Medical social work
- Registered dietitians
Call us at 888.666.1117 or visit our contact page with any questions you may have. Ascend Massachusetts can now also be reached at 1-800-HOMECARE.
Last week in New York, at the Ascend Leadership meeting, Key Note Speaker Les Cavicchi, MPA, NHA of the Brookings Group, shared an inspiring message …“Let’s Talk Team!”
He engaged the Ascend Hospice, Home Health and Concierge leaders with exploring how we motivate, communicate, and hold ourselves, each other and our direct reports accountable to achieve results.
Through examples of accomplishments of great leaders including long ago politicians, and their teams, he emphasized the importance of being effective at facilitating and using creativity. Everyone was in awe of the story of Arthur Fry who invented the non adhesive glue which we would all come to learn as the “post it” note.
He closed with all the various ways people like to be rewarded and to understand the different motivators when it comes to recognizing people for their contributions inside and outside of the organizations where we work.
National Nurses Week
Ascend is grateful for the work our nurses do every day. National Nurses Week is a great opportunity to take the time to honor and give thanks to our nursing staff.
National Nurses Week begins each year on May 6th and ends on May 12th, Florence Nightingale’s birthday. These permanent dates enhance planning and position National Nurses Week as an established recognition event.
For more information on the history of National Nurses Week, visit https://www.nursingworld.org/education-events/national-nurses-week/nnw-history/.
To participate in National Nurses Week, please visit https://www.nursingworld.org/education-events/national-nurses-week/.
Ascend President and CEO Anthony Spero, Ascend Hospice Executive Director, Carmella Libolt, and Ascend Home Health and Concierge Executive Director, Serena Niehaus present Chrissy Buteas and Don Pendley with the NJ Homecare and Hospice Association a donation for Aides Scholarships at the Ascend Leadership meeting held in NJ the week of September 26.
Last week, the Ascend Leadership Team gathered in NJ to discuss and celebrate many milestones. Quality, new programs with commitment to the essence of the human experience at the end of life were just two topics. Jim Avery, MD, Palliative Care Specialist and Professor from the University of Virginia spoke about transformational leadership and the future of hospice in the United States. Many of the Ascend Medical Directors were in attendance along with Clinical Directors from California to Pennsylvania. President and CEO Anthony Spero likened his organization to the most in tune crew team similar to the reference from “The Boys in the Boat.” Over the four days, each state presented opportunities to increase access to Home Health, Concierge and Hospice for those patients and families in need.
Ascend Health’s President, Anthony Spero, will be Presenting at the 2015 AHCA/NCAL Symposium
Ascend Health, which includes Ascend Hospice, Home Health and Concierge Home Care, is pleased to announce Anthony Spero’s upcoming speaking engagement at the AHCA/NCAL Symposium February 23– 25, 2015.
This annual event offers healthcare professionals the opportunity to collaborate, learn and challenge each other through thoughtful and inspiring breakout sessions.
Staying true to Ascend Health’s mission, vision and values, Mr. Spero touches on the importance of holistic transparent care when building the patient-provider relationship. Below is a glimpse of what will be presented:
Seeing Care through the Eyes of the Person
Along with Ascend Health’s President Anthony Spero, this session will also be presented by post-acute thought leaders Andi Clark, RN, CEO, Andi Clark & Associates; Ed McMahon, PhD, Vice President, Quality, Sunrise Senior Living; and David Stordy, Chief Operating Officer, Mainstreet.
This session is dedicated to unlocking the power of innovation as the presenters ask participants to “see care through the eyes of the person.” Presenters will examine and discuss with participants a holistic approach to transparent care that embraces the partnership between the person and their family, and the physician and the interdisciplinary team. This partnership team develops a comprehensive plan of care that anticipates and responds to the personal and family needs, including physical comfort, and emotional, informational, cultural and spiritual learning.
- Learn how to define transparent care across the continuum as it relates to the emerging new values and expectations of the individual
- Learn how active listening will develop a trusting-caring-learning relationship with the person and their family, which is needed to develop a holistic, inclusive plan of care and healing
- Understand how innovative technology contributes to a transparent environment, and encourages learning and independence
- Imagine and examine how the person sees their healthcare setting today, and what they will see in the future, including innovative concepts and design that present a caring-healing environment
Ascend Launches Rebranding Efforts
Care Alternatives, BergenCare Home Health, BergenCare Personal Touch and Total Care of Massachusetts are pleased to announce that they have just completed an exciting rebranding effort with their family of companies to better communicate their services as well as maintain continuity in the care they provide. Although this transformation includes new names, logos and uniforms, Ascend will still continue to provide the same best-in-class service for each and every one of their patients and their family members.
To reflect their commitment to delivering the highest standard of care and to position them as a progressive and high-reaching organization, they have chosen to rename their family of companies Ascend. Meaning “to move, climb, or go upward; to rise to a higher point”, their new name truly embodies their goals as a united company.
The Ascend family of companies now includes:
• Ascend Hospice, formerly Care Alternatives
• Ascend Home Health, formerly BergenCare Home Health and Total Care of Massachusetts
• Ascend Concierge Home Care, formerly BergenCare Personal Touch
• Ascend Rehab
Ascend strives to be recognized as a trustworthy leader in healthcare and is dedicated to inspiring people to live better lives through innovative, personalized health and wellness programs, products, and services.
View the video below to meet the dynamic team behind this innovative family of companies.