Author: Adam Wire

Patient advocate uses life experiences to help others

by Adam Wire | Health

Steven Corn has spent 27 years working in the music industry in various roles, from business affairs to a faculty member at a local college. He says the pitfalls that sometimes plague that industry — dysfunction, transparency, flow of money — often mirror health-care...

Government programs for long-term care

by EveryIncome | Health

If you have a low income, little to no savings, no valuable assets, or if you simply can’t afford traditional long-term care insurance, you may be eligible to receive long-term care benefits from the government. Federal Long-Term Care Insurance Program FLTCIP is...

Using a trust to pay for long-term care

by EveryIncome | Health

According to the U.S. Department of Health and Human Services, individuals 65 and older have a 70 percent chance of needing long-term care at some point in their remaining years. The average cost of a semiprivate room in a nursing home is $6,844 per month, and the...

Using annuities to pay for long-term care

by EveryIncome | Health

There are many ways to pay for long-term care, including long-term care insurance, health savings accounts, Medicaid, trusts, reverse mortgages, and personal savings accounts. You can also use annuities to pay for long-term care. What are annuities? Annuities are...

Use a reverse mortgage for long-term care

by EveryIncome | Health

If you don’t have long-term care insurance (LTCI), there are other ways to pay for long-term care. Taking out a reverse mortgage is one of them. What is a reverse mortgage? If you’re 62 or older, you can take out a loan against your home equity to access funds through...