“Genworth move could signal big shift in distribution of long-term-care insurance,” by Greg Iacurci, “Genworth Financial Inc.‘s recent decision to halt sales of individual long-term-care insurance policies through brokers and agents and just go directly to consumers could represent an emerging trend among insurers. … If more insurers turn to direct-to-consumer sales, brokers would find themselves cut out of transactions. The National Association of Independent Life Brokerage Agencies said it was ‘deeply concerned about [Genworth’s] course of action.’ Genworth officials said the suspension, which is indefinite, is primarily due to the company’s low credit ratings, which advisers use to assess the
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“Heart Attacks Fall One-Third Among Older Americans,” by Steven Reinberg, “The study of more than 4 million Medicare patients found that hospitalizations for heart attacks dropped 38 percent between 1995 and 2014. At the same time, deaths within 30 days of a heart attack reached an all-time low of 12 percent, down more than one-third since 1995.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Less heart disease = More Alzheimer’s.
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“Many baby boomers willing to receive long-term care outside the home, LeadingAge poll finds,” by Marty Stempniak, McKnight’s LTC News “Baby boomers may be more willing to receive long-term care outside the home than was commonly believed, according to a LeadingAge poll released Monday. Up to 40% of respondents would want to live somewhere other than their current home or apartment if they had a physical disability that required them to need help with daily activities, the survey found. About 14% of the respondents indicated they would move to a place that is staffed to provide healthcare should the need for
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