Raising the eligibility age from 65 to 67 may be off the table for now, but the idea will resurface as budget pressures grow.
For most of recent history, American women have been living longer than men – and now it’s going to cost them more. As the Wall Street Journal’s Kelly Greene reports, the insurance industry, which up until now has charged men and women the same prices for long-term care coverage, is beginning to factor women’s longevity into their underwriting.
Insurers, citing women’s longevity, are boosting premiums for policies that cover nursing care and assisted living.
The more you know about the coming changes in the system, the better. So if you’re confused about health-care reform and – in particular – what your state is doing (or not doing ) when it comes to establishing “health insurance exchanges,” an invaluable tool from the Henry J. Kaiser Family Foundation can help clarify matters.
It’s every patient’s worst nightmare: You undergo a complicated, expensive medical procedure, only to have your insurer deny your claim and refuse to pay, leaving you stuck with the bill. (Every patient’s second worst nightmare, by the way, is the one in which NBC decides not to cancel “Animal Practice.”)
Given the likelihood of cognitive impairment with old age, retirees should take steps to protect themselves from poor decisions late in life, Munnell writes.
The first long-term care policies were offered about 40 years ago. These were primarily nursing home-only policies designed to take over when Medicare rehabilitation ran out. They were not the comprehensive benefit policies we see today. Long Term Care Insurance policies today are greatly diversified in their coverage. Home care, nursing home costs, adult day [...]
Remember Obama’s Death Panels? No, they didn’t exist. But like ‘cooties,’ the scared and the immature just kept repeating that they were waiting to snatch us up. What the Healthcare Reform Bill wanted to institute was the opportunity – nay, the expectation – for families to have regular consultations with their doctors about end-of-life/palliative care [...]
Today has not started off well. I had planned to take my exam on Label Preparations for school yesterday afternoon during my normal study time but my ex-sister-in-law came by unannounced very upset… this is a blog in itself which I was going to write about but now I have to vent. I had been [...]
A new study presented on Thursday came up with several reasons.
As a followup to an article written by Dr. Ronch, Interim Dean at the Erickson School for Management of Aging Services (and an MKCREATIVE client) — where he discusses the paucity of Gerontologists in the USA — I thought it useful to post a link to a compelling video presentation made by another Erickson School [...]