“Amazon Care reportedly to launch telehealth offering in all 50 states,” by Joe Jancsurak, McKnight’s Senior Living “Amazon’s app-based healthcare service for employees, Amazon Care, soon will launch throughout the country, according to a Healthcare IT report.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: What’s next? Amazon LTC? What’ll that look like?        
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“Long-Term Care Insurers Reveal Early COVID-19 Effects,” by Allison Bell, ThinkAdvisor “The first two U.S. waves of the COVID-19 pandemic may have hit some U.S. long-term care insurance issuers’ customers hard and missed the customers of other issuers. A team from Milliman Inc. has described the early effects of the pandemic on U.S. LTCI issuers in a new report prepared for the Society of Actuaries, with funding from the Senior Health Care Oversight Trust.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: All in all, not exactly devastating, but wait until D.        
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“Home Equity Continues To Soar,” Advisor Magazine “CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the fourth quarter of 2020. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 16.2% year over year, representing a collective equity gain of over $1.5 trillion, and an average gain of $26,300 per homeowner, since the fourth quarter of 2019.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: This is a rare bit of good economic
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Maggots, Rape and Yet Five Stars: How U.S. Ratings of Nursing Homes Mislead the Public,” by Jessica Silver-Greenberg and Robert Gebeloff, New York Times   “Among The Times’s findings: Much of the information submitted to C.M.S. is wrong. Almost always, that incorrect information makes the homes seem cleaner and safer than they are. Some nursing homes inflate their staffing levels by, for example, including employees who are on vacation. The number of patients on dangerous antipsychotic medications is frequently understated. Residents’ accidents and health problems often go unreported. In one sign of the problems with the self-reported data, nursing homes
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“Demystifying Cash Buyouts of Long-Term Care Insurance Policies,” Morgan Lewis   “Partner Harold Horwich teams with global professional services firm Alvarez & Marsal in a webinar highlighting the benefits of cash buyouts, the primary impediments to their broader adoption, and their perspective on why those impediments—whether financial, philosophical, legal, regulatory, or tax-related—are either more imagined than real, or can be effectively mitigated.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Last week we highlighted this webinar in an “LTC Clipping.” Now you can watch it online and view the slides here.        
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