We introduce benefits as a means to supporting and /or revitalizing a person’s finances. We review federal, state and local benefit programs such as Medicare Savings, Extra Help and SNAP. The EFSC is a Benefits Enrollment Center under the National Council on Aging. We discuss budgeting as a tool to financial independence.
Resources: Financial Safety
We discuss insurance as a means to managing financial risk. We review the different types of insurance including health, life, long-term care along with property and casualty. We discuss insurance fraud and the effects on older adults. We discuss the problem that is Medicare fraud and how you can help reduce the spread of it.
Ensuring your Final Wishes, why it’s important to plan your estate, including what it means to name a Power of Attorney; also we discuss the meaning of probate and ways you can avoid going through it. Finally, what are the challenges of planning your final wishes and how can you start having that delicate conversation