Nobody likes to dwell on their own mortality or impending physical or mental decline, but many Denver residents are relieved after securing long-term care for their future.
Many Colorado residents may wonder if they are eligible for Medicaid if they own a home. The eligibility standards for Medicaid are specific, and certain assets are used to determine eligibility. An individual who applies for Medicaid is required to list their assets and provide documentation.
A Colorado resident or anyone else turning 65 has a 60 percent chance of needing long-term care. Statistics also indicate that 20 percent of people who reach age 65 spend at least two years in a nursing home. In many cases, people do not prepare because they believe that retirement isn't their most pressing financial priority. However, it is typically worthwhile to to have a long-term health care plan in place.
Savvy Colorado residents prepare ahead of time for their future with financial estate planning, but another important aspect often gets overlooked -- long-term care.
Nobody wants to learn that they have a degenerative disease that will slowly strip their body functions and mental faculties from them. It's probably one of the most devastating occurrences anyone could ever endure. But Colorado residents receive these diagnoses just as people everywhere do.
A senior citizen health care patient can sometimes end up getting referred to several different professionals in several different locations. For example, a senior's primary physician may recommend that the patient see a nutritionist, get physical therapy, receive counseling or possibly even get a psychological assessment. This can result in a stressful situation for both the caregiver and the senior citizen who is just trying to stay healthy. Making appointments at different clinics and following different physicians' orders can be overwhelming when health care coordination help is not provided. In fact, research shows that patients who receive referrals only follow through with them 10 percent of the time.
Construction has begun on a lavish senior living complex near the intersection of 123rd Avenue and Washington Street in Thornton. The four-story facility is planned to have 72 units, including 50 one-bedroom apartments and 22 two-bedroom apartments. The complex will also include outdoor amenities that are open to the public, including a dog park, a putting green and community gardens. Indoors, the senior residents will have access to an exercise room, a beauty salon, a theater and a sun room.