Myth Busting about Caregiving
There are so many aspects of managing the care of a loved one that we just don't know about!
There are many of myths out there about Caregiving
There is so much about Caregiving that we don't know about. Much of the information we've accumulated overtime has come from what friends have told us or what we have read about. 99.9% of the time, that information is not going to be correct. It is very important to use reliable resources especially when it comes to legal, financial or the healthcare system.
Don't assume that what you may have heard, what you think you may know or what your friend did is reliable information.
Let's dispel some of those urban legends or myths out there about Caregiving and the Health Care System.
Did you know? There are other options to create an aging in place environment other than renovating your parents home. A Stairclimber chair may be the best solution; plus it may covered by Medicare. But a professional will be the best one to help you with an assessment and offer products that will achieve this goal.
Did you know that wheel chairs are covered under Medicaid/Medicare? Under Medicare, individuals may receive a new transport device once every five years. A transport device is: a wheel chair, a power wheel chair, a walker or a cane. This is a benefit to which your parent may be entitled. Consult with their primary healthcare provider for a script and stay on top of their Medicare entitlements.
Did you know? When making purchases of mobility devices using Medicare/ durable Medicare insurance, usually only ONE mobility device is covered per 5 year period. A walker, cane, wheel chair, and scooter are all in the same class. Hospitals and Rehab facilities offer canes and walkers that are paid for by insurances. It makes better sense to just pay the out of pocket cost for the walker or cane and use the insurance to cover the cost of a wheel chair or scooter that range in the thousands of dollars!
Is considering having your name on your parent's bank account THE Estate Plan or Long-Term Care Plan? Simply having by your name on a bank account, does not mean that you will automatically own it once they pass away. All this does is give you the ability to access it while your parent is living. Once they have passed away, it becomes part of the Estate which then goes into probate and only the Executor will have access to it.
Did you know POAs expire? There is an understanding within the finance world that a Power Of Attorney must remain current. What defines current? This may be a good time to visit with an Estate Planning attorney about this to see if the one your parents have in place is considered valid.
Are you considering putting your Parent's home in your name? You think are going to be able to outsmart the State by maneuvering your parents assets. Before you do so, know that there may be laws in your state that you should be aware of when the time comes to determine their eligibility upon entering an assisted living facility under Medicare or Medicaid. Don't put yourself in the position of having to pay the State back for it all!
Do you know where your loved one has all of their important documents? Knowing where your parents store their important documents is important. Don't wait for when something happens and then try to find them then.
Did you know that your loved one may qualify for discounts? Check with the Department of the Area on Aging learn about discounts on transportation services and other care services. Don't assume the worse. You don't know about every eligibility out there. That is why having access to resources who are experts in this is important.
Old school rules don't apply. Don't assume that just because you are the daughter you will automatically have the authority to do what ever you want on your parent's behalf.
It may take a little effort in explaining this to a traditional parent from the "old country." No, Dad - it does not work that way. We have to put things in place so that we are able to handle your care, your finances and to have property authority to manage things when you pass on.
What do you need to do? Mapping the Elderhood Journey will map it all out for you.