“ILTCI Recognition Award,” The ILTCI Conference”

“ILTCI Recognition Award,” The ILTCI Conference “The Intercompany Long Term Care Insurance Conference Association’s (ILTCI) vision is to create an environment for aging in America that includes thoughtful, informed planning that takes into account the most effective and efficient use of resources in addressing the risks and costs of long-term care for all levels of American society. It is the desire of the ILTCI to recognize people and organizations that have made significant, long-term contributions in attaining the ILTCI vision. Do you know someone deserving of recognition?  Read on for more… To be eligible for this award, candidates must Be engaged in
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Categories: Clippings and Industry News.

“When a Long-Term Care Insurance Insider Is the Caregiver”

“When a Long-Term Care Insurance Insider Is the Caregiver,” by Margie Barrie, ThinkAdvisor “This is my story about the health crisis I’m living through right now. My clients periodically ask why should I learn about long-term care planning and consider buying a policy? Here’s why.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Hard to imagine an older prospect with a younger wife not heeding this column’s advice. Get well, Bernie. Get through it, Margie.   Subscribe to GoldenCare News  
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Categories: Clippings and Industry News.

Congratulations Raymond Lavine for Achieving Amazon Best-Seller Status with Empathy and Understanding In Business!

Subscribe to GoldenCare News Dear Reader, We are excited to share with you the news that Raymond Lavine, a financial services expert, has achieved Amazon Best-Seller status with his co-authored book, Empathy and Understanding In Business. The book, co-authored with author Chris Voss and professionals worldwide, was published by SuccessBooks® and debuted on January 4th, 2024. Empathy and Understanding In Business quickly climbed the ranks on Amazon best-sellers charts with its release. Raymond’s chapter, “Empathy In A Time of Need,” played an important role in the book’s success. Raymond Lavine is a principal at Lavine LTC Benefits, specializing in long-term
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Categories: Clippings, GoldenCare News, and Industry News.

“Spending in home care outpaces other healthcare sectors”

“Spending in home care outpaces other healthcare sectors,” by Kathleen Steele Gaivin, McKnights Senior Living “Spending in home healthcare outpaced other healthcare sectors in November, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday. ‘In November 2023, year-over-year spending on home healthcare grew the fastest among major spending categories, at 12.9%,’ Altarum Fellow and Senior Researcher George Miller told the McKnight’s Business Daily. ‘Spending on nursing home care during the same period grew by 7.9%.’ Prescription drug spending saw 12.2% growth, whereas spending on dental services and hospital care increased the least, at 5.8% and 5.9%, respectively, among major categories. Overall,
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Categories: Clippings and Industry News.

“10 Reasons Why Medicare Advantage Enrollment is Growing and Why It Matters”

“10 Reasons Why Medicare Advantage Enrollment is Growing and Why It Matters,” by Tricia Neuman, Meredith Freed, and Jeannie Fuglesten Biniek, KFF “For the first time in Medicare’s history, more than half of all eligible people with Medicare, or 30.8 million people in 2023, are enrolled in private Medicare Advantage plans. Medicare Advantage plans are offered by private health insurance companies that receive payments from the federal government to provide Medicare-covered services. People with Medicare have a choice between traditional Medicare (sometimes called fee-for-service Medicare or Original Medicare) and Medicare Advantage plans. The growth in Medicare Advantage enrollment is driven by a
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Categories: Clippings and Industry News.

“Silver lining: The U.S. workforce has more employees over 65 than ever before and it could mean great things for the bottom line”

“Silver lining: The U.S. workforce has more employees over 65 than ever before and it could mean great things for the bottom line,” by Alexa Mikhail, Fortune “The graying of the U.S. workforce is gaining momentum. A Pew Research survey found nearly a fifth of Americans age 65 and older were employed in 2023, nearly double the three decades prior. Employees 55 and older will constitute over a quarter of the global workforce by 2031, according to an analysis from Bain & Co. last year.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: With so many workers
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Categories: Clippings and Industry News.

“Living longer is great! But we need reforms to reduce dependency – Long Term Care solutions”

“Living longer is great! But we need reforms to reduce dependency – Long Term Care solutions,” by Dr. Marilyn M. Singleton, America Out Loud “Long term care may be in your future. Many people think that Medicare will pay for long term care of your choice indefinitely. Not true. Too many people end up on Medicaid with limited options. Planning can make it so your future is what you want it to be. My guest will discuss the reforms to reduce dependence on Medicaid and free up private financing to fix the LTC challenge. Steve Moses is president of the Center for
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Categories: Clippings and Industry News.

“2024 Long-Term Care Insurance Facts – Prices – Data – Statistics – 2024 Reports”

“2024 Long-Term Care Insurance Facts – Prices – Data – Statistics – 2024 Reports,” by Jesse Slome, American Association for Long-Term Care Insurance “Most Popular Searched Topics – 2024 Information Click on the links to ‘jump’ to the specific data. Scroll DOWN for a complete listing.   NEW POLICY COST – 2024 Long-Term Care Insurance (AGE 65, Male – Female – Couples)   LOWEST & HIGHEST POLICY COSTS – Comparing 3 leading insurers- ages 55 & 65   CLAIMS PAID 2023 (2020-2023) – Total Amount – Number of Claimants”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Check out the latest
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Categories: Clippings and Industry News.

“Record-Breaking $14.1 Billion Paid in Long-Term Care Insurance Benefits by Top Insurance Companies in 2023”

“Record-Breaking $14.1 Billion Paid in Long-Term Care Insurance Benefits by Top Insurance Companies in 2023,” by James Kelly, LTC-News “In a remarkable milestone, top insurance companies disbursed an unprecedented $14.1 billion in Long-Term Care Insurance benefits in 2023. This record-breaking payout underscores the crucial role of Long-Term Care Insurance in providing financial security and quality care for policyholders.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Private LTC insurance benefits paid annually reached $14.1 billion in 2023, up $2.5 billion and 22% since 2020. While impressive, future gains will be much larger. Economic circumstances are coming
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Categories: Clippings and Industry News.

“Home health is fastest-growing component of national health spending”

“Home health is fastest-growing component of national health spending,” by Kathleen Steele Gaivin, McKnight’s Senior Living “Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators brief, released Thursday. … The Altarum brief expands on the official estimate of Medicare and Medicaid expenses in 2022, as reported by the Centers for Medicare & Medicaid Services in the January issue of the journal Health Affairs. Altarum expanded on CMS’ research to include data through October 2023.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Remember
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Categories: Clippings and Industry News.