“To Help Others, One Couple Talks About Life With Early-Onset Alzheimer’s”

“To Help Others, One Couple Talks About Life With Early-Onset Alzheimer’s,” by Brian Mann, National Public Radio “Researchers say as many as 200,000 Americans experience Alzheimer’s younger than the typical age of 65, developing dementia-like symptoms in their 40s and 50s. . . . The Doolittles launched a podcast together called Alzheimer’s Chronicles. In their first broadcast in November, Will laid out the challenges that younger families experience with Alzheimer’s.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): I wonder how many young people and families will think about LTCI having read this article or heard
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Categories: Industry News and Long-Term Care.

“Why Tax Hospitals? It’s a Medicaid Shell Game”

“Why Tax Hospitals? It’s a Medicaid Shell Game,” by Red Jahncke, Wall Street Journal “Taxing hospitals sounds strange, especially since most are nonprofits. It also would seem to increase their costs and, thus, the cost of care—much of which, thanks to Medicaid, is borne by the state that levies the tax. Yet 42 states tax hospitals. Why? One answer is the perverse incentives built into the Medicaid law. When a state returns tax money to hospitals through Medicaid ‘supplemental payments,’ it qualifies for matching funds from Washington. . . . No wonder taxes on medical providers have both risen and
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Categories: Industry News and Long-Term Care.

“Rising Number Of Older Americans Carrying Debt Into Retirement”

“Rising Number Of Older Americans Carrying Debt Into Retirement,” by Jadah Riley, Financial Advisor “Between 2003 and 2015, debt among borrowers between the ages of 50 and 80 increased by roughly 60 percent, according to a 2016 study by the New York Federal Consumer Credit Panel. Student debt among retirement aged borrowers 65 and older swelled 385 percent between 2005 and 2015, while overall debt levels for the age group spiked from 2 billion to 22 billion in roughly the same time period, according to the Government Accountability Office (GAO).” LTC Comment (from Stephen A. Moses, President, Center for Long-Term
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Categories: Industry News and Long-Term Care.

Good News | LTCi Tax Flyers Updated For 2018

  LTCi Tax Flyers Updated For 2018 It’s a new year and it’s time to start thinking about taxes. Mutual of Omaha’s LTCi tax flyers have been updated with the 2018 tax amounts. Let your clients know buying a tax-qualified long-term care insurance policy may offer tax advantages. Also, if you have clients who are small business owners, there may be significant tax savings if they use business dollars to purchase long-term care insurance. For more information on the tax advantages of LTCi policies, review the following: For tax advantages for consumers, click here. For tax advantages for small business
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTCi Tax Flyer Updates

It’s a new year and it’s time to start thinking about taxes. The LTCi tax flyers have been updated with the 2018 tax amounts. Let your clients know buying a tax-qualified long-term care insurance policy may offer tax advantages. Also, if you have clients who are small business owners, there may be significant tax savings if they use business dollars to purchase long-term care insurance. For more information on the tax advantages of LTCi policies, review the following: For tax advantages for consumers, click here. For tax advantages for small business owners, click here. If you have any questions, please
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).