In this issue
April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review

Buying long-term-care insurance for a parent

By Kimberly Lankford

Smart move when purchased at correct time

Q: My father is 68, relatively healthy and living alone. He has very little savings and works full-time. He can't afford to buy long-term-care insurance. If something happens to him, it's likely that my family and I will have to help pay for his care. Should I buy long-term-care insurance for him?

A: Buying the insurance is a smart move: The average cost of a private room in a nursing home tops $90,000 a year, and home care can be even more, making it highly unlikely your father could handle the expenses on his own. If he has very little income or savings (see Medicaid.gov for details), he may qualify for Medicaid, but his care options would be limited.

Most states cover custodial care (the care needed by Alzheimer's patients and others with long-term-care needs) only in certain Medicaid-eligible nursing homes, although a few have special programs that cover care at home.

For more information about Medicaid coverage for custodial care, see Alzheimer's care can be less devastating.

Long-term-care insurance can help pay for many more care options than Medicaid, including care at home, in an assisted-living facility, or in a wider variety of nursing homes. You can cover your father's premiums, but he'll need to sign the application and health care releases himself. The cost will depend on your dad's health and the terms of the policy.

A Genworth policy for a relatively healthy 68-year-old man, including a $3,500 monthly benefit, a 3-year benefit period, 3 percent compound inflation protection and a 90-day waiting period, would cost about $3,200 per year, says Mike Ashley, of Senior Benefits Consultants, Prairie Village, Kan. A policy with the same terms that pays $4,000 a month runs about $3,700 a year.


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If you are interested in getting long-term-care coverage for your father, don't wait too long. Long-term care insurers are making it more difficult to qualify for coverage, and Ashley says most people interested in buying a policy for their parents wait until their health is too bad to qualify for coverage.

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Kimberly Lankford is a Contributing Editor at Kiplinger's Personal Finance.

All contents copyright 2013 The Kiplinger Washington Editors, Inc. Distributed by Tribune Media Services. All rights reserved.