Guests (1): Michele Weber.
• Event organizer Murray Forth reported that our 2nd annual Bowl Over Polio event raised $1,393, much of it from a single member donation, although participation was double last year’s attendance. President Jim thanked everyone who participated, “which is pretty much most of the club.”
• The Club received a thank-you note from the East Greenbush School District Transportation Team for our support of the 2012 Winterfest event.
• President Jim reminded everyone that last-minute reservations for this weekend’s Vermont getaway could be made by contacting Carol Spencer.
• A reminder that CPR training, which will result in American Heart Association certification cards, is scheduled for 9 to 11 a.m. Saturday, March 24, at Maple Hill High School. The event is co-sponsored by Community Care Physicians and Top Form Inc. There will be seven (7) instructors on hand, and the event is open to the public. The fee is $15.
• Webmaster Bill Dowd reported that he has set up both Facebook and Twitter accounts for the Club, further expanding our reach through social media. He requested that members go to the Club website (SRCrotary.wordpress.com) and click on the “Follow” button at the top righthand side to sign up for Twitter access.
Program: Long-Term Care Guidance
“By the time you get to me,” she said, “you’re in crisis.” She was referring to the sudden predicament caused by dementia, strokes, heart attacks and other maladies creating a necessity to find long-term care for a spouse, parent or other relative.
Among the items she addressed during a general overview of the topic were limitations on total financial worth people are allowed to keep when entering Medicaid support — $74,820 for the community spouse or $14,250 for the single person or institutionalized spouse.
She said the average cost per month of nursing home care in this area is $9,000 to $13,000, and $3,000 to $5,000 for assisted care.
Michele, who noted “You have a wonderful Medicaid office in Rensselaer County,” provided a checklist of things she considers a must:
• Long-term care insurance is recommended.
• Keep your power of attorney documents up to date, and be sure to include in them the power to gift.
• Keep five (5) years of bank statements on hand for potential Medicaid reviews.
• Be sure to have a health care proxy in place.
• Look into trust planning under elder law to avoid probate of a will.
NEXT MEETING: 6:15 p.m. Thursday, February 2, 2012, at the Holiday Inn Express. Len Leonidas is scheduled to be the program presenter.
Go here for the Events Calendar.