Tuesday, July 26, 2011

What We Learned At This Week's Meeting

Today we we heard from George Brown who is the Executive Director of Clermont Senior Services

Clermont Senior Services opened its first housing project in 1998. Facilities were built in the following locations and in this order...New Richmond, Williamsburg, Felicity, Amelia and Union Township. The total investment for all of these projects is $30 million.

To date they have opened 6 housing projects for a total of 224 units. Currently there are 164 people on the waiting list and there are no vacancies. To ensure fairness in selection, the applications are time stamped when they come in. Applicants must currently live in the area of the project, be 62 or older and meet the income guidelines. There are 50 people interested in moving to the new 40 unit facility on 8 acres in Batavia on College Drive called Dimmitt Woods (Named after Ezekiel Dimmitt) when it is finished. Hopefully, they will break ground around the first of October.

This equal housing opportunity in Batavia includes:
-40 One bedroom residential units
-Rent includes utilities, refrigerator, range, carpet and air
-Common area for social, recreational, crafts and outdoor porch area
-Laundry facility, coin operated
-Attractive grounds and landscaping
-Individual heating and air conditioning for each apartment
-Rental limited to age 62 years and income eligible
-Emergency medical pull cord, sprinkler system, smoke detector and a lighted parking area
-On-site resident manager

HUD sets the rent amount at around $400 per month. Residents must pay around $300 per month and HUD subsidizes the difference. Basically, 2/3 of the cost is covered by tenant rents and the other 1/3 is covered by federal subsidies. Senior Services is also hoping to renew a tax levy this fall which will not increase taxes.

Next week we will hear from Bill Hopple of the Cincinnati Nature Center

Tuesday, July 19, 2011

What We Learned At This Week's Meeting

Today we we heard from Terry Fluharty who is a Long Term Care Insurance specialist.

Long term care insurance is a type of insurance which gives you choices about where you receive your care, from whom you receive your care and protects your assets. It is staggering to hear the average cost of care in an assisted living situation is about $65,000! People should plan for this just like our parents planned for us when we were born so we do not have to panic when life takes a sudden turn. Sadly it is typical for 30% of people to die when a drastic health change occurs. That leaves basically 70% of folks who will need care.

It might help you to realize there are many physical reasons you can be placed under claim as well as Dementia and Alzheimers. There are typically four options for receiving care: Family (relatives and someone you trust can be paid by insurance to care for you in your home), Personal Assets, Government/Medicaid (causing state budget issues) and Long Term Care Insurance (transfers the risk to an insurance company). Some of our risks include such things as home, auto, short term healthcare and long term healthcare. Many fail to plan for long term healthcare and ironically our chances of needing it are greater than any other risk category mentioned above. Without insurance we run the risk of losing our nest egg assets.

Terry shared some tips of things to look for in a long term care policy.
  1. 0 day home care elimination period
  2. Monthly benefit
  3. Independent caregiver
  4. Company that has been in business at least 20 years
  5. Waiver of premium – if you go “under claim” the premium is waived for you and your spouse
An average policy is around $2k-$3k per year which yields around $4500 per month. It is important we not wait until we are older to prepare for this need in life.

Next week we will hear from George Brown who is the Executive Director of Clermont Senior Services

Tuesday, July 12, 2011

What We Learned At This Week's Meeting

Today we heard from our 2011-2012 District Governor, Ute Papke

She began by sharing our success in Polio eradication. One year ago there were 456 cases in the world and now we are down to about half! Click this link to view Rotary's future vision now that Polio is just about eradicated.

Then Ute shared some of our 2011-2012 Goals:
  1. Family, business, Rotary – in this order
  2. Get more people interested in our district conference by giving away a $4000 trip
  3. Each club should list their projects on the district website
  4. 100% participation for the annual fund between July 1, 2011 and March 31, 2012
  5. Net increase of on member and 85% retention rate
  6. Increase membership diversity (e.g. classification, gender, age)
  7. 2% increase in qualified women and 2% in qualified young professionals
  8. Continue the video contest with case prizes for club projects
  9. Have someone from each club attend the district trilogy on August 24. The subjects will be Foundation, Grants & How to improve membership.
  10. Every club needs to have a strategic plan
Today we heard from our 2011-2012 District Governor, Ute Papke
Next week we will hear from Terry Fluharty on Long Term Care

Tuesday, July 5, 2011

What We Learned At This Week's Meeting

Today we heard from our 2011-2012 President, Dave Phaneuf.
Dave shared an updated list of our district leadership, club leadership, committee chairs and projects. There are a few vacant positions and a list of these will appear on our website.

Next, Dave shared our club's 2011-2012 goals:
Rotary Foundation – Our goal is for our members to give $40 towards polio eradication.
Membership – Our goal is 10% growth after attrition.
Attendance – Our goal is 75% of the membership per week.

We plan to continue the following service projects:
Wrapping Clermont Together
Dictionaries to all 3rd graders at Batavia and CNE Elementary schools
Scholarships for local students
Student Exchange
Students of the month

We hope to add the following service projects:
Romania Mission Team
2nd grade reading program
Thesaurus to all 3rd graders at Batavia and CNE Elementary schools
More participation of Interact and Club in each others' events
Establish Rotaract at UC Clermont College

Next week we will hear from our new 2011-2012 Rotary District 6670 Governor, Ute Papke