Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
There has been massive concern on the threats of long term care as the costs of LTC are purging elders and their families to poverty, and the risks put greater weight on women. This may sound flattering for some knowing that women outlive men but, in some instances, such as long term care, this can be threatening. Long term care will haunt women in their later years when, regardless of physical or mental illness, they will have to bathe a frail spouse and look after a nearly dying parent. The study conducted by Genworth Financial gives much strength on the impact of long term care on women. The following are the companys main findings:· Surveys say that there are about 23 million unpaid care providers in the United States, wherein seven in ten are women· Nearly one infive unpaid caregivers or 19 percent give continuous care up to at least 40 hours per week, 80 percent of those are women.· 44 percent of women age 65 and above are likely to need nursing home care versus the 24 percent of men Why women are at greater risks?First, women live longer than men; meaning, they will require prolonged care either in a nursing home or at home. They also tend to live alone, especially the divorced women. Second, women perform the care giving role for their families and loved ones and these responsibilities may continue even if they are already old and weak. Lastly, women who have been providing cares to loved ones are six times more likely to acquire illnesses than those without care giving responsibilities. Does the government provide help?The government programs called Medicaid and Medicare mainly provide assistance to low-income groups, and the services they spare are just momentary. Medicare requires the person to receive care from a nursing home or a hospital for few weeks before the help commences. It is also not true that Medicare pays your entire stay in the facility; otherwise, Medicare pays the 20 days and then the next 80 days will be paid through a supplement. When the 100 days end, the person will be responsible for his or her own care and will be never again accepted. How about Medicaid? Medicaid is a program aims solely in helping the needy to avail long term care. So if you dont belong to the low-income group, you will be forced to give away your assets to meet the spend down requirements of Medicaid. The wealthy may opt to self insure since they have enough to fritter. However, the majority of middle-class Americans are on the verge of becoming severely impacted by long term care. Do You Need Long Term Care Insurance?Remember that long term care insurance isnt for everyone. There are so many considerations you should assess to know if this will give you the peace mind.