Caring Senior Service National HQ Blog

When your senior loved one is spending time in the hospital, it is already a stressful time. The only thing you should be worrying about is your loved one's health. Unfortunately, for many, a stay at the hospital can mean financial hurt, whether your loved one has insurance or not. To help you and your loved one prepare for the financial burden of a hospital stay, check out these 5 hidden costs.

It's really no secret, surgery and medical care services can be very expensive. So when it comes to doing surgery for a senior who is near the end of their life, many factors are taken into consideration. One of the most important factors in deciding to do a surgery is the cost. How much does surgery really cost? We're here to provide you with facts when it comes down to end of life surgeries.

The new year is well under way and so is tax season. Although this time can seem stressful for seniors, it is possible to successfully navigate tax preparation and filing. Here are a few things to keep in mind.

It's an unfortunate reality that seniors are often the targets of online, telephone and mail scams. In fact, one report indicates that older Americans lose over $3.6 billion every year as the result of financial scams. During the busy and festive holiday season, scam attempts are at their peak. Awareness is key to avoiding this scams. Here are several steps that you can take to keep those that you love safe from holiday scammers.

October is Fraud and Financial Exploitation Awareness Month, and though everyone is at risk of fraud and financial exploitation, seniors are at a higher risk of victimization. As someone who has spent their career providing care for seniors, as well as someone who has beloved family members who are seniors, I am particularly disturbed when elders are victimized in any way. However, seniors often find themselves in perilous situations regarding their finances. We have all heard heartbreaking stories of seniors losing their entire retirement savings to treacherous criminals, begging the question: Why are seniors at an increased risk for fraud and financial exploitation and what can be done to help them?

As healthcare costs continue to rise and have become unaffordable to many seniors. Moreover, many seniors are already finding themselves unable to afford healthcare. More seniors will not be able to afford healthcare if the prices keep skyrocketing in the future. How do seniors handle the continuing rising cost of healthcare while still getting the care they need?

It is not always fun to grow up and get older. It will happen to each and every one of us.  However, there are a few perks for those who qualify as seniors. Senior discounts are offered on entertainment and by many retailers, service providers, or restaurants. Here are some discounts seniors qualify for!

While doing taxes this year, every senior should be aware of their deductions. If you're a senior or retired, be sure to understand and take advantage of the following deductions.

Scam artists have been plying their trade for centuries. Seniors are one of the most common targets of scammers because they're often lonely, isolated, and do not have the savvy to catch scammers in the act. During spring break there are going to be all kinds of scams flying around, and seniors need to be sure they don't get caught up in one. Here is a list of some of the most common scams during this time of year. 

It never hurts to start planning to protect your assets should you or your husband require long-term care. Nursing homes can often run upwards of $100,000 each year, and if you're like most people, you'll need Medicaid to pay these costs. Medicaid looks at all your assets before determining your eligibility. You want to protect as much money as you can from these costs, and with a little preplanning, you can. Here are a few possibilities.