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.
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.”)
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 […]