“Boomer Retirement Will Fuel Wave of Business Ownership Transitions,” by Marlene Satter, ThinkAdvisor “A third of boomers expect to transition the ownership of their businesses in the next five years, thanks to the approach of retirement. That’s according to a SunTrust survey, which finds that 36% lack a specific plan for how to transition their business, and 21% admit they’re not financially ready to retire.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Seems like a good time and place to look for LTCI leads even if the business owners passed on earlier offers.  
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“Wildfire destroys three skilled nursing facilities,” by Marty Stempniak, McKnight’s LTC News “All three skilled nursing facilities in Paradise, CA, have been destroyed due to a massive wildfire that has left at least 29 people dead. Two staff members of Cypress Meadows Post-Acute were still missing as of production deadline, down from 13 on Sunday, according to the California Association of Health Facilities. Cypress Meadows, Paradise Post Acute and the Pine View Center were confirmed Monday to have been obliterated by the so-called “Camp Fire,” which started early Thursday morning and is believed to be one of the most destructive
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“Top Strategies to Pay for a Longer, Healthier Retirement,” by Robert Powell, The Street “According to Vernon, if you don’t buy a long-term care insurance policy there’s another strategy to consider that he likes: Home equity. ‘It’s kind of a default strategy, keeping that home equity in reserve,’ he said. ‘And then, that’s the asset you might tap if and when you need to pay for long-term care. But I just want to say that long-term care is like the wildcard of retirement, and there aren’t good solutions out there.’” LTC Comment (from Stephen A. Moses, President, Center for Long-Term
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“It’s time to sign up for long care coverage,” by Mike Causey, Federal News Network “This week’s episode  Your Turn  deals with some of the benefits available during this open season.  Our guests are Joan Melanson and Paul Forte of Long Term Care Partners.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Click through and tune into an interview with our friends and allies Paul and Joan from the Federal Long-Term Care Insurance.  
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“Senior Citizens Are Replacing Teenagers as Fast-Food Workers,” by Leslie Patton, Bloomberg “Restaurants are recruiting in senior centers and churches. They’re placing want ads on the website of AARP, an advocacy group for Americans over 50. Recruiters say older workers have soft skills—a friendly demeanor, punctuality—that their younger cohorts sometimes lack. ” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Working that hard, they may put off LTC a year or two . . . if they don’t eat the product.  
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“Study: Dark roast coffee may reduce risk of Alzheimer’s, Parkinson’s,” by Fiza Pirani, Atlanta Journal Constitution “According to new research published in the journal Frontiers in Neuroscience, drinking coffee may protect against Alzheimer’s and Parkinson’s disease.” https://www.npr.org/sections/health-shots/2018/11/07/665283718/active-ingredient-in-marijuana-reduced-alzheimers-like-effects-in-mice “A substance that gives pot its kick appears to reduce the brain changes associated with Alzheimer’s disease – at least in mice.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Double clipping with rare good news regarding Alzheimer’s.  
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“Legal-Ease: Asset protection from nursing home costs,” by Lee R. Schroeder, limaohio.com “I am asked daily for advice on how to protect assets in the event of needing long-term healthcare at home, in a nursing home or in an assisted living facility. … [M]ost planning for long-term healthcare needs includes some planning to become eligible for ‘institutional Medicaid.’ … In these situations, the appropriate asset protection tools usually include some combination of gifting, sales of assets to family members, irrevocable ‘Medicaid’ trusts and the purchase of certain ‘Medicaid-compliant’ annuities.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care
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“New prize offers $2 million for finding key to Alzheimer’s in past research,” by Sharon Begley, STAT “Is the key to Alzheimer’s disease1 lurking, overlooked, in the 100,000-plus scientific papers that have been published on this disease over the last century? A Texas businessman who lost family members to dementia thinks so, and on Monday he announced that there’s $4 million waiting for the people who find it: Prizes of up to $2 million will be awarded to those who comb the scientific literature, extract the key findings, and synthesize them into one simple explanation of the disease, said James
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“Pete the Planner: Elderly couple learns lesson about long-term care insurance,” by Peter Dunn, Indy Star “Dear Pete, It’s too late for me. I’m 89 and my husband and I have been retired for 19 years. We started out with about $2 million, enough for us to live to 120, so they said. We never took out more than our Required Minimum Distribution (RMD). Two years ago my husband’s Parkinson’s became severe enough that he needed expensive full – time care. Most people should explore long term care insurance, especially if they are concerned about their assets being diverted entirely
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“Venture-Funded Medicare Advantage Plans Launch into 2019 Market,” by Thomas Beaton, Health Payer Intelligence “Several Medicare Advantage (MA) plans entering the market for the 2019 plan year are backed by millions in venture capital funding and are planning to compete with established payers by promoting new health plan solutions. The recent uptick in Medicare Advantage competition is not surprising as many payers have experienced billion-dollar profits, high enrollment totals, and health plan expansion opportunities from a booming MA business. Increased participation in the MA market is likely to present competitive challenges between payers vying to attract new health plan enrollees.”
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