“Nearly half of Alzheimer’s cases are mild, supporting a focus on early intervention,” by Alicia Lasek, McKnight’s LTC News Quote: “Nearly half of the people with Alzheimer’s disease have a mild case of the disease at any given time, according to a new analysis of a global study. The findings highlight the need for early intervention and prevention, researchers say. … The takeaway? ‘The finding that half of the people living with Alzheimer’s dementia have mild disease underscores the need for research and interventions to slow decline or prevent progression of this burdensome disease,’ the researchers wrote.” LTC Comment,
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  “Poor Performance of Long-Term Care Product Persists,” by AM Best, Advisor Magazine Quote: “Loss ratios in the beleaguered U.S. long-term care (LTC) insurance market continue to climb for individual and group business, according to a new AM Best report. The Best’s Market Segment Report, ‘U.S. Long-Term Care Product Performance Pressures Continue,’ states that poor performance from inadequate pricing is a significant issue for LTC insurers, owing to low interest rates, lapse rates, improving mortality, rising morbidity and policyholder utilization assumptions.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: More woe for now as LTCI adjusts for
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  “IRS Reversal: Expenses Paid With PPP Loan Funds Are Now Tax-Deductible,” by Melanie Waddell, ThinkAdvisor Quote: “The Internal Revenue Service and Treasury Department issued new guidance Wednesday ending the prohibition on ‘double dipping’ when it comes to expenses paid with funds from Paycheck Protection Program loans. The new guidance allows ‘tax deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan under the Paycheck Protection Program.’ Previous guidance said that business expenses like rent, mortgage, utilities and salaries — deductible under normal circumstances — could not be
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