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What Are Your Options When You Get Older

When your parents get older and need care, what options are out there? A senior community, private nursing home, or at-home care? How much does it cost, and why does it wipe out some families' savings? What safeguards are in place to prevent against cases like Chancellor Gardens? (Its license was revoked for throwing away pills, rather than giving them to patients.) How do you ensure the best care without breaking the bank? And what happens when the government cuts back on assistance? We talk to those who searched for the perfect home for their elderly parents and their success and disappointment. Plus, an insurance expert talks about what options are available.

Paul Shubert, Health Facilities Surveyor, Nevada State Health Division's Bureau of Health Care Quality and Compliance
Jennifer Mascari
Rick Laspaluto, Certified Financial Planner, Centaurus Financial

  • LV Sun: Assisted living center fined $104,000, will stay open
  • McKnight's Long Term Care News: House needs to pass Medicaid legislation for nursing home residents
  • MoneyWatch: Long-Term Care Insurance vs. Other Strategies: Pros and Cons
  • Nevada Aging and Disability Services Division
  • NYTimes: Cuts in Home Care Put Elderly and Disabled at Risk
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