2. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Who Is Friends Life Care?
 Foundation/mission
 Philosophy and approach to
vital aging
 Financial oversight
3. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
History
 Founded in 1985
 Mission to help people remain in their homes as
they age
 First and largest organization of its kind in the U.S.
 Nonprofit Quaker-based organization
4. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Friends Life Care Philosophy
 Distinctive approach to independent aging
 Based on prevention and whole-health promotion
 Two-pronged partnership in vital aging
(staving off decline/providing a safety net)
 Security, vitality, independence
 VigR™
5. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Who Provides Oversight?
 PA Department of Insurance (CCRC)
• Annual independent audit
• Annual disclosure statement
 Actuarial oversight
• Annual valuation by credentialed actuary (FSA, MAAA)
• Valuation independently audited
6. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Who Provides Oversight?
 Annual informational returns filed
• IRS (Form 990)
• PA Bureau of Charitable Organizations
 Independent governing board
• Highly credentialed professionals (finance, elder law, managed
care, etc.)
• Quakers (majority)
7. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
You Have Long-Term Care Insurance
 Some people add Friends Life Care
membership to existing insurance
policy
 Why? Care Coordination and
health/wellness support (VigR™)!
8. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Costs of Care Are High
 $77,000 to $100,000 a year, per person
 Average of 3 years of care
 At least $231,000 to $300,000 total out of pocket,
per person, for 3 years of care
9. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
What Does Medicare Actually Cover?
 100 days of skilled care in a nursing home
• First 20 days fully paid
• Next 21–100 days partially paid (co-pay)
• After 100 days, you pay out-of-pocket
 Custodial (convalescent) care: $0 paid
10. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Long-Term Care
1. Your family provides care
2. Medicaid – low-income assistance
• Acts 42 and 43
• “Look-back” periods increased
3. Self-insure through savings
4. Transfer the risk to a long-term care solution
11. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Friends Life Care Membership
 Provides support and resources to help you
remain in your home
 Partnership begins as soon as you join
• Care Coordinator is key
• VigR™: Integrated whole-health model
• Quarterly member meetings
12. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
VigR™ (Vitality, Independence, Growth and Resilience)
 Helps stave off the effects of chronological aging
 Proactive, research-based model helps members
improve and extend their mental and physical
health and resilience
 Opportunities to better understand and improve
the four essential factors that make the difference
between aging and aging well
13. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
VigR™
 Examples:
• VigR Assessments
• VigR Enrichment Workshops
• VigR eMeetinghouse: Online
health resource and social
community
14. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Friends Life Care Plan
 Daily benefits and benefit periods
• $75–$250 per day (in $25 increments)
• 2, 3, 4, 5 and 7 year
• 0- to 365-day (private pay option)
• Cost of living adjustment
• Shared care
15. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Friends Life Care Plan
 Care coordination, 24/7
• Dedicated network of credentialed caregivers
• Oversight of care providers
• No claims to process – transparent, hassle-free
16. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Friends Life Care Difference
 Care Coordinators:
 Multidisciplinary team of professionals
• Personalized attention, on call 24/7
• Personal visits, monitoring and follow-up
• Your partner in preventative care: VigR, health assessments
• Your health care navigator, guiding and supporting you through
the complex health care system
• Intimate knowledge of the best caregivers/support
17. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Friends Life Care Difference
 Care in your own home
• Caregivers screened and selected according to our exclusive
Quality Credentialing Process™
• Referral and coordination of RN, LPN and physical therapy, as
needed
• Hourly, daily, or live-in care
18. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Friends Life Care Difference
 Mission to help you remain in your home as you
age
 100% tax-deductible fees (check with tax advisor)
 20% household discount
 100% portability if you move within the U.S.
 No hassles or paperwork — just a phone call away!
19. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
The Hard Questions
 Where will you turn for the
care you need?
 How will you pay for it?
20. Founded in 1985, Friends Life Care is a nonprofit Quaker organization serving eastern Pennsylvania and Delaware • Telephone: 215-628-8964 • Fax: 215-628-9089 • www.friendslifecare.org
Friends Life Care: Partnership Through Time
 In health: VigR™, Care Coordinator relationship and
support, ongoing health/wellness assessments
 In sickness: If you need care, Care Coordinator
knows you, arranges and oversees everything, acts
as your advocate
Friends Life Care Membership = Peace of Mind
21. Director of Sales & Marketing
Steve Walsh
Friends Life Care
(215)628-8964
www.friendslifecare.org