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Maryland's premier Long-Term Care insurance agency

Baygroup Blog

Welcome to our blog! Here you will find posts and comments from our experts. You can filter the posts by the related insurance products or author.

Medicare has always been very clear about the fact that it does not cover the vast majority of long term care.

Benjamin Franklin famously penned, “…in this world nothing can be said to be certain, except death and taxes”. That was back in 1789. Relative to the topic of inevitability, I’d like to add one more item to death and taxes: change.

Have you ever sat down and compiled a bucket list? You know, your ultimate compilation of lifelong goals to accomplish?

In addition to the typical mountain climbing and continent-visiting, painting lessons and dancing at grandchildren's weddings, the items listed below are quite worthy of being included as well. They may not be found on the typical bucket list, but I’m betting all the other items rely upon these:

  • Don’t outlive my assets

When it comes to long term care planning, there are 3 major questions to answer:

1)   Who will provide your long term care?

2)   How will they be paid?

3)   Is the plan funded?

Let’s examine each question:

When you imagine needing long term care, what do you imagine? Is the location a larger building, perhaps an assisted living facility, where responsibilities such as yard care and cooking are someone else’s concern? Or are you in your own home, tended to by paid caregivers, with visits from family and friends?

In terms of valuable life skills, it’s good to know how important (read: expensive) decisions are financed. We’re all familiar with the need to buy, or rent, a place to live. We know the responsibilities of purchasing or leasing a new car.

Written By: Anna Kucirkova

Edited By: Cori Hundt

The effects of Alzheimer’s disease and dementia are an ever growing concern for the aging, caregivers, and those in the medical profession. The disease causes pain and agony for the sufferer and can be equally as distressing for those who see their loved one lose their memory and ability to function.

Parents are used to financially supporting their minor-age children. However, most adults don’t give a second thought to the possibility of being legally obligated to support their parents.

Melissa Barnickel had a wonderful experience speaking at the Society of Financial Professionals on March 13th to discuss funding options for a long term care event. She also served as a panelist at the Intercompany Long Term Care Insurance Conference to discuss long term care insurance options in Las Vegas, NV on March 19th.


We all know that breaking news is pretty synonymous with breaking bad news. OK, usually with very bad news. After all, as the saying goes, “if it bleeds, it leads.” Ouch! Controversy, both real and manufactured, grabs our attention, sells newspapers, and garners views on digital devices.

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