Long Term Care Insurance Expert | Honey Leveen | Houston, TX

Helping you make informed LTC decisions

  • HOME
  • ABOUT
  • WHY LTCi
  • LTCi FAQs
  • PROCESS
  • TESTIMONIALS
  • ARTICLES
  • MEDIA
  • RESOURCES
  • VLOG
  • BLOG

Search Results for: elephant

6-Ton Elephant in the Room

November 19, 2015 by Honey Leveen Leave a Comment

A big fat 6-ton elephant of long-term care is in the room!Elephants

The newly released C.A.R.E.(Costs, Accountabilities, Realities, Expectations) study confirms how badly prepared Americans are for long-term care.

It is scary!

Click here for more info about the study, good graphics, a lifespan calculator and LTC Cost of Care calculator.

36% of Americans are, or have been, caregivers to someone aging, ill, or with special needs (other than a child).

People are divorced from reality. When asked what people with no caregiving experience expect, they overwhelmingly envisioned their role to focus mainly around performing such chores as grocery shopping (78%), cooking (73%) and laundry (72%).

Experienced caregivers, however, tell a different story. While chores are undeniably a big part of the job, emotional support ranked equally high (83%). Financial support and personal hygiene were cited as the aspects of caregiving that cause the most anxiety.

People want the caregiving experience to be more about chores than money, hygiene and emotions. Unfortunately, it is not, unless there is long-term care insurance (LTCi) or so much wealth (as in Glen Campbell’s case) that no one is concerned about spending it on long-term care.

Here is a great looking, easy-to-understand graphic with similar information.

 

Elephants

 

Filed Under: Elephant in the Room, Helpful Information About LTC, I'll Just Self-Insure, Information About LTC

Mainstream Media Ignores the Elephant in the Room Again

January 13, 2014 by Honey Leveen Leave a Comment

Retiree BoomI was momentarily excited when I read the following headline, “The World Braces for Retirement Crisis” on an AP article published December 30, 2013. I optimistically expected a story that would at the very least mention the possibility that catastrophic medical and long-term care costs would be part of the coming retirement crisis. No such luck.

Once again, I was disappointed (but not entirely surprised). The article only reported on shrinking, no longer existing retirement and pension plans that will force people to have to work longer. It didn’t make even a tiny, tangential connection between shrinking pensions, longer work lives, and how much these factors will exacerbate the existing high odds and costs of needing long-term care.

As I have reported in this blog time and time again, mainstream media usually fails to address this 5,000 pound elephant in the room: the impending Silver Tsunami of Baby Boomers in first-world countries throughout the globe, who will have long-term care expenses that they are pitifully unprepared for (see the italicized footnote below).

It’s very frustrating. The public tries at every opportunity to deny the compelling, high odds they might need long-term care. Mainstream media too often aids and abets these efforts, as this article does.

 “Congressional Budget Office, 11/07   [https://www.cbo.gov/sites/default/files/11-13-lt-health.pdf]  *Total spending on health care would rise from 16% of gross domestic product today to consume nearly half of the GDP in 75 years.   * Federal spending on Medicare and Medicaid would rise from 4% of GDP today to 19% in 2082.   This new study shows significantly higher federal spending on Medicare and Medicaid under current law than other official projections do, which typically assume that spending grows much more slowly in the future than it has in the past. Although projections by CBO and by the Medicare trustees track each other relatively closely for the next two or three decades, by the end of 75 years, Medicare spending under CBO’s projections is about 50% higher. The study concludes that, without changes in federal law, federal spending on Medicare and Medicaid is on a path that cannot be sustained.”  Source:  Galen Institute, “Health Policy Matters” e-newsletter (11/16/7).  Find in sources at:  CBO on Health Spending Outlook 1107. URL: https://www.cbo.gov/sites/default/files/11-13-lt-health.pdf

Filed Under: Associated Press, Elephant in the Room, Helpful Information About LTC, Information About LTC Tagged With: Associated Press, Congressional Budget Office, Honey Leveen, long-term care, Silver Tsu, www.honeyleveen.com

The High Cost of Illiteracy You Haven’t Thought About

March 18, 2019 by Honey Leveen Leave a Comment

Eraser deleting the word IlliteracyThe U.S. Department of Health & Human Services has a handy fact sheet all about “Health Literacy”, starting with a definition:

“Health literacy is the degree to which individuals have the capacity to obtain, process, and understand basic health information and services needed to make appropriate health decisions.”

That ability to obtain — and understand — the necessary facts makes all the difference in how people choose to manage their health options.

The New York Times recently reported on the rising threat of health illiteracy in our country. And the numbers only get worse with age. In fact, only 3 percent of older adults qualify as having “proficient” health literacy.

Why Is It Harder For the Elderly?

There are a number of factors that contribute to the increase of health illiteracy in our aging population.

  • Complicated Information — Medical information is usually shared in technical, scientific language that can even confuse professionals.
  • Use of Jargon — Medical professionals sometimes fall back on industry jargon without explaining the meaning.
  • Stressful Conditions — When people are anxious, it’s even harder for them to make sense of the information being shared.
  • Cultural Differences — Sometimes there’s a language barrier that keeps people from fully understanding instructions. Even the most competent English speakers may not be able to follow the specifics of a prescription.
  • Cognitive Impairment — Declining brain function can have disastrous consequences when dosages are misunderstood or completely forgotten.

I’ve often blogged about age-related cognitive decline and it’s ill effects.

Too often, I see health illiteracy in clients I’ve known for many years. When we talk, I can tell they’re not the person I originally met. Instead, I hear fear, frailty and confusion. I worry for their ability to make safe choices for themselves.

One thing left out of the article is the decreasing access to family and community support. This is the elephant in the room. No amount of technology can replace the caring touch of another. I believe our increasingly isolated lifestyles are a major cause of loneliness, depression, fear, poor health outcomes, and health illiteracy. And it only gets worse as we age.

Our increasingly stressed medical system is doing it’s best to counteract the rise in health illiteracy, but this is an uphill battle. I’m not confident they’ll win.

Plan For Your Future Health Literacy

You can avoid health illiteracy well in advance. We are not going to regain our supportive communities from our grandparents’ generation. Make sure you have access to care and genuine concern when you need it. Plan for it and pay for it. Long term care planning in advance is essential.

To begin exploring your own options, click here to receive your free, no-obligation quote for long term care insurance coverage.

Filed Under: Denial, Elephant in the Room, I'll Just Self-Insure

You Are Not Alone

March 15, 2015 by Honey Leveen Leave a Comment

CaregiverVisit www.caregiver.com for comprehensive information on all aspects of long-term care, including a free newsletter, magazine, care tips, local resources, and more.

This link will provide you with all articles pertaining to long-term care.

Here’s an interview with celebrity Amy Grant, that’s part of www.caregiver.com. Ms. Grant states the need to discuss long-term care with parents is the “elephant in the room”. She also mentions that her parents own long-term care insurance, something that I am certain is helping to make her family’s difficult journey a whole lot easier.

The thing I like most about www.caregiver.com is the fact it lets caregivers know they are not as isolated as they think they are.

Filed Under: Elephant in the Room, Helpful Information About LTC, I'll Just Self-Insure, Information About LTC, Testimonials Tagged With: Amy Grant, Gary Barg, Honey Leveen, Long Term Care insurance, long-term care, LTC Insurance, LTCi, www.caregiver.com, www.honeyleveen.com

Denial Antidotes

December 22, 2014 by Honey Leveen Leave a Comment

Elephant In The RoomThe majority of us deny the fact that the odds we will need long-term care (LTC) are quite high (70% at age 65, according to www.longtermcare.gov). More importantly, we deny the potentially catastrophic consequences caused by needing LTC without being prepared.

Here are some denial-busting tools for the ones you care about, but who refuse to have a conversation about responsible, reasonable LTC planning now, while they are able to qualify for LTC insurance and find good rates.

Give your loved one this special, eight question LTC IQ Quiz.

Watch this brief video of Meryl Comer, graphically describing the havoc being unprepared for LTC caused:

www./resources will link you to other highly informative sites like My Life. My Family, The Motley Fool, and Own Your Future Texas.

Knowledge is power. Failure to plan is planning to fail.

 

Filed Under: Denial, Elephant in the Room, Helpful Information About LTC, Information About LTC Tagged With: Honey Leveen, Long Term Care insurance, LTCi, Meryl Comer, The Motley Fool, www.honeyleveen.com

  • 1
  • 2
  • 3
  • Next Page »

Contact Me

Phone: 713-988-4671
Fax: 281-829-7177

Email: honey@honeyleveen.com

From My Blog

Podcast Illuminates LTC Need

Thanks to my long-time friend, client, beloved former radio personality, actress, author, passionate … [Read More...]

LTCI is Magical at Time of Need!

This is an actual, unsolicted, very meaningful, touching cleint testimonial, just recieved. I pasted … [Read More...]

Testimonials

Open Quotation Mark"Honey - Whenever I need a clarification regarding our “LTC” you are “Johnny on the spot” responding in a very prompt manner, reassuring me, informing me in a concise way, patient with me as I massage the understanding in my own words. Your knowledge is current and expressed with confidence, offered in your conscientious and upbeat personality. Quotation Mark ClosedIt is a pleasure to work with you. Thank you for your expertise." ~ Nancy Damon, Houston, TX
Read more

Thanks for visiting my site! I like hearing from you!

Here’s how to reach me:

Honey Leveen, LUTCF, CLTC, LTCP
“The Queen, by Self-Proclamation, of Long-Term Care Insurance (LTCi)”
404 Royal Bonnet
Ft. Myers, FL 33908

Phone: 713-988-4671
Fax: 281-829-7177

Email: honey@honeyleveen.com

Email: honey@honeyleveen.com

©Honey Leveen, Queen of Long-Term Care Insurance 2011-2015 ~ All Rights Reserved ~ Customization of Genesis Framework by Weborization