“Washington’s long-term care program still flawed as new tax looms,” by Kris Johnson, Kitsap Sun “The Long-Term Services and Supports Trust Commission issued a series of recommendations this winter to improve the program. The group suggested changes to allow people who work in Washington and move out of state to take their benefits with them. They also proposed clarifications to how long someone has to work to qualify for benefits and a pilot project for implementation. And the group recommended new options for private insurance to supplement WA Cares. But lawmakers in Olympia ignored the group’s recommendations. No long-term care
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“Wearable AI patch monitors multiple health factors for seniors,” by Christine Birkner, McKnight’s Senior Living “Artificial intelligence is making a huge impact in the senior living space, as the technology is being used to keep residents safe and improve their overall health. Now, researchers have created a new wearable patch that harnesses AI and nanotechnology to monitor seniors’ health via biometrics.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Is it AI or just marginal advances in existing tech monitoring?   Subscribe to GoldenCare News  
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“Is The Next Wave Of Life Expectancy Gains On The Horizon?,” by Swiss Re, Advisor Magazine “Gains in human longevity have tapered off over the last decade but the next wave of improvements is on its way, says Swiss Re’s latest report, The future of life expectancy: Forecasting long-term mortality improvement trends for insurance. Advances in cancer diagnosis and treatment are the most likely areas to improve global longevity, according to the report. Future improvements will need to be supported by addressing older-age health issues such as Alzheimer’s, lifestyle factors and access to healthcare.” LTC Comment, Stephen A. Moses, President,
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“Senior-Living Debt Defaults Far Outpace the Rest of Government Debt Market,” by Lauren Coleman-Lochner, Yahoo!Finance “One sector is an outlier when it comes to the traditionally-tiny default rates in the $4 trillion municipal bond market. … Roughly 7% of the $43 billion in outstanding senior-living bonds, or about $3.2 billion, is in default on a payment, according to data compiled by Bloomberg. That compares to a rate of less than 1% for all state and local government debt. … For elderly people with more options, the pandemic accelerated a growing preference to avoid senior living, said Eric Kazatsky, senior US
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“The History of Medicare Advantage: From Inception to Growing Popularity,” by Victoria Bailey, HealthPayerIntelligence “Medicare Advantage’s popularity continues to grow in 2023 as enrollment figures and plan options increase. The private program has received mixed reviews from healthcare stakeholders, with members generally reporting high plan satisfaction and government agencies calling for increased oversight due to overpayment and marketing discrepancies. Understanding how Medicare Advantage came to be and how it differs from traditional Medicare could perhaps shed some light on where the program is headed. In the following article, HealthPayerIntelligence breaks down Medicare Advantage’s history, enrollment trends, and how stakeholders view the program.”
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